Rio Salado Final exam Max Score: 0 Actual Score: 0 Question 2 Enter the password you were given as feedback on the Final Policies and Procedures Assignment. Answer AHFGBS221V7 Comments Correct! Use the button below to be forwarded to your exam. Max Score: 0 Actual Score: 0 Question 3 Travelocity would like to test if the average roundtrip airfare between New York and London is less than $1,400. The correct hypothesis statement for this test would be Answer H0: μ ≥ $1,400; H1: μ < $1,400. Comments Correct!! Max Score: 4 Actual Score: 4 Question 4 The p-value for a hypothesis test is defined as the probability of observing a Answer sample mean at least as extreme as the one selected for the hypothesis test, assuming the null hypothesis is true.

Comments Correct!! Max Score: 4 Actual Score: 4 Question 5 A professor would like to test the hypothesis that the average number of minutes that a student needs to complete a statistics exam equals 45 minutes. A Type I error would occur if the professor concludes that the average exam time is