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Mathematics, 24.02.2020 23:31 keananashville
An antiques dealer claims that the average selling price of a certain collectible item on eBay is $5.75. You believe that the average is lower. You select a random sample and find a mean of $5.50. The standard error for your sample is $0.102. Which of the following best describes the P-value in this situation? a. The probability of getting a sample mean of $5.75 or more if the population mean is actually $5.50.b. The probability of getting a sample mean of $5.75 or more if the population mean is actually more than $5.50.c. The probability of getting a sample mean of $5.50 or less if the population mean is actually less than $5.75.d. The probability of getting a sample mean of $5.50 or less if the population mean is actually $5.75.e. The probability of getting a population mean lower than $5.75.
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