Suppose the P-value for a hypothesis test is 0.0304. Using a = 0.05, what is the appropriate conclusion?

H₀: μ = k

H₁: μ ≠ k

H₀: μ = k

H₁: μ > k

In a recent survey, the average amount of money

students have in their pockets is $5.40 with a standard

deviation of $1.20. A teacher feels that the average

amount is actually higher. She surveys 80 randomly

selected students and finds the average amount is

$5.50. At α = 0.05, test the teacher’s claim that the

average amount of money is actually higher than $5.40.

The average miles on a tank of gas for the Ford

Explorer is 300 miles with a standard deviation of 22

miles. A consumer group feels the average is actually

lower. They survey 40 vehicles and find the average

miles per tank is 290 miles. At α = 0.05, test the

consumer groups’ claim that the miles per tank is

actually lower than 300 miles.