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Mathematics, 18.03.2021 01:50, 11needhelp11
AT&T would like to test the hypothesis that the average revenue per retail user for Verizon Wireless customers is greater than $50. A random sample of 32 Verizon Wireless customers provided an average revenue of $54.70. It is believed that the population standard deviation for the revenue per retail user is $11.00. Using LaTeX: \alpha=0.05α = 0.05 , answer the following questions: a. Identify the null and alternative hypotheses to conduct an appropriate hypothesis test of mean. (3 points) b. Use the critical value approach to test this hypothesis. (3 points) State your decision and conclusions explicitly. (3 points) c. Use the p-value approach to test this hypothesis. (3 points) State your decision and conclusions explicitly. (3 points) d. Assume that the actual population mean for revenue per retail user is $44.30. Calculate the probability of type II error. (5 points)
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AT&T would like to test the hypothesis that the average revenue per retail user for Verizon Wire...
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