knewton.com
Week 14 Lesso...
Course Module
My Course - PS.
Topic: Back to S.
Blackboard
Ken, a market researcher, believes fees to use e-commerce content management systems are decreasing. He would like t test the claim that the average fee to use a e-commerce content management system is under 5 dollars. Using the computed test statistic of -1.77 and the critical value of -1.96 , is there enough evidence for the market researcher to reject the null hypothesis?
Use the graph below to interpret the critical value. First select the appropriate test type (left-, right-, or two-tailed), then plo the points along the x -axis (for the critical value and test statistic), and use them to choose the appropriate interpretation.