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A survey of nonprofit organizations showed that online fundraising increased in the past year. Based on...

A survey of nonprofit organizations showed that online fundraising increased in the past year. Based on a random sample of 55 nonprofit​ organizations, the mean​ one-time gift donation in the past year was ​$75, with a standard deviation of ​$20.

a.

 If you test the null hypothesis at the 0.01
level of​ significance, is there evidence that the mean​ one-time gift donation is greater than $70​?

b.

Interpret the meaning of the​ p-value in this problem.
Math   Statistics-And-Probability   
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