00:01
So, in the given question we have to conduct a hypothesis test.
00:04
So, here we have a null hypothesis that our population average is greater than equal to 10 ,000 and the alternative hypothesis is the population average is less than 10 ,000.
00:15
So, it is a left tailed hypothesis test.
00:20
Now the size of the sample here is 32, the mean of the sample we have obtained is 9580 .875.
00:28
So, this value we have obtained from the data provided in the question and the population standard deviation is 1850.
00:36
Now the population standard deviation is known so we will use the z test.
00:41
So, this is the formula for computing the value of test statistic.
00:45
Now this is equal to sample mean minus population mean divided by standard deviation upon square root of sample size...