It is known (or determined) that average total testosterone levels in 35 – 44 year old men is 668 ng/dl (nanograms per deciliter) with a standard deviation of 212. There were 64 individuals (within that same age) that seemed to be diagnosed with alcohol addiction and they had testosterone measured with an average of 471. It wants to be determined if this level of testosterone in this 64 individuals is significantly different from the normal population of that age. Please answer the following questions.
a) Specify H0and H1 and the acceptable level of a will be 0.05. Look up Z number on normality table associated with 0.05 / 2 = 0.02 and it is 1.96 (ie reject H0 if /Z/ > 1.96).
b) Define the sample-based test statistic and the rejection number (is above) to determine if the null hypothesis will be rejected, ie. higher than population Z. The formula to calculate is this. Known of course is Y, µ, σ, and ṇ. Calculate Z.

It is known (or determined) that average total testosterone levels in 35 – 44 year old...
2. Hypothesis tests about a population mean, population standard deviation known Lenders tighten or loosen their standards for issuing credit as economic conditions change. One of the criteria lenders use to evaluate the creditworthiness of a potential borrower is her credit risk score, usually a FICO score. FICO scores range from 300 to 850. A consumer with a high FICO score is perceived to be a low credit risk to the lender and is more likely to be extended credit...