A survey of nonprofit organizations showed that online fundraising has 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 $9. 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.

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
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A survey of nonprofit organizations showed that online fundraising has 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 $9.

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.

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