00:01
First question, it is given that the level of significance alpha is 0 .01, also, mu not equal to 0 .21, x bar equal to 0 .83, s equal to 0 .24, n equal to 32.
00:26
The null and alternative hypothesis are given, which is, h0 equal to mu which is equal to 0 .21, h alternative, equal to mu, greater than 0 .21.
00:53
Therefore, it is a two -tailed t test.
00:59
The test statistic is obtained as set calculated, which is equal to x bar minus mu not divided by s by root n, which is equal to 0 .83 minus 0 .21 divided by 0 .24 divided by root 32, which is equal to 14 .6 .6.
01:37
The critical value is obtained using excel, that is, set tabled value equal to 2 .363.
01:50
The decision rule is if set calculated is greater than said turbled, we reject h0.
01:57
Here, set calculated, which is greater than turbled value, that means 14 .61 is greater.
02:09
Greater than 2 .3263, set calculated greater than set table, we reject h0.
02:35
Thus, it can be concluded that the self -identified compulsive buyer population has a mean greater than 0 .21...