The Next Questions Are Based On The Following Information:
The state lottery office claims that the average household income of those people playing the lottery is at least $37,000.Assume that the distribution of household income of those people playing the lottery is normally distributed with a standard deviation of $5,756.Suppose that for a sample of 25 households,it is found that the average income was $36,243.
-What is the most accurate estimate of the p-value?
A) p-value > 0.10
B) 0.01 < p-value < 0.05
C) 0.05 < p-value < 0.10
D) p-value < 0.01
Correct Answer:
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