If you want to carry out a statistical test at α = 0.01. to test whether the population mean is equal to 500 or not, using a sample size of 300, with a test statistic of z = 1.97, your conclusion should be_____.
Select one:
a. do not reject the null hypothesis
b. reject the null hypothesis
c. only reject when the test statistic is negative
d. not enough information to determine
Since the test statistic z=1.97 is less then the critical value z*=2.33, fail to reject the null hypothesis.
a. do not reject the null hypothesis
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