= 1.62
n = 25
The test hypothesis is
Now, the value of test static can be found out by following formula:
Since the sample size is n = 25, degrees of freedom on the t-test statistic are n-1 = 25-1 = 24 This implies that
Since, the t distribution is symmetric about zero, so -t{0.01,24}
Since , we fail to reject the null hypothesis
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