Below are the null and alternative Hypothesis,
Null Hypothesis: μ = 131
Alternative Hypothesis: μ > 131
Rejection Region
This is right tailed test, for α = 0.05 and df = 49
Critical value of t is 1.677.
Hence reject H0 if t > 1.677
Test statistic,
t = (xbar - mu)/(s/sqrt(n))
t = (133.474 - 131)/(11.193/sqrt(50))
t = 1.563
P-value Approach
P-value = 0.0622
As P-value >= 0.05, fail to reject null hypothesis.
There is not significant evidence to conclude that the mean
weekly grocery is not equals to 131.
It is equal to 131
Question 3: A study is performed in San Antonio to determine whether the average weekly grocery...
A study is performed in a large southern town to determine whether the average amount spent on food per family in the town is significantly different from the national average. A random sample of the weekly grocery bills of 100 families in this town had a mean of $155.33 and a standard deviation of $23.94. Assume the national average amount spent on food for a four-person family is $150. What are the degrees of freedom of the test statistic? A...
A study is performed in a large southern town to determine whether the average amount spent on food per family in the town is significantly different from the national average. A random sample of the weekly grocery bills of 100 families in this town had a mean of $155.33 and a standard deviation of $23.94. Assume the national average amount spent on food for a four-person family is $150. What is the p-value? A 2.226 B 2.394 C 99 D...
Please provide excel Formulas. thank you
Scenario 2: A study is performed in a small southern town to determine whether the average weekly grocey bill for a four-person family is significantly less than national average of $185. A simple random sample of 19 weekly grocery bills for four-person families is selected from the town. The data is shown to the right. They suspect from the sample data that the small town's average grocery bill is less than the national average....
6. The average price of homes sold in the U.S. in 2012 was $240,000. A sample of 144 homes sold in Chattanooga in 2012 showed an average price of $246,000. It is known that the standard deviation of the population is $36,000. We are interested in determining whether or not the average price of homes sold in Chattanooga is significantly different than the national average. Let α = .01 a. Verify whether the Central Limit Theorem conditions are met. b....
Question 10 (1 point) It is reported in USA Today that the average flight cost nationwide is $508.524. You have never paid close to that amount and you want to perform a hypothesis test that the true average is actually greater than $508.524. The hypotheses for this situation are as follows: Null Hypothesis: μ ≤ 508.524, Alternative Hypothesis: μ > 508.524. A random sample of 37 flights shows an average cost of $503.111 with a standard deviation of $59.6514. What...
A recent issue of the AARP Bulletin reported that the average
weekly pay for a woman with a high school degree is $520. Suppose
you would like to determine if the average weekly pay for all
working women is significantly greater than that for women with a
high school degree. Data providing the weekly pay for a sample of
50 working women are available in the file named
WeeklyPay. These data are consistent with the findings
reported in the AARP...
Mailings Review View bte AaBbCcD No SpacingHe AaBbCcDdE 1Heading 2 Normal Question 2 A grocery store owner wants to know if a new marketing campaign will improve the average number of customers who visit the store on a given day. The owner knows that historically they average 490.2 customers per day. After the campaign the owner randomly samples 28 days and finds an average of 512.1 customers with a standard deviation of 83.2. Did the new campaign increase the average...
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In order to determine the average price of hotel rooms in Atlanta, a sample of 64 hotels was selected. It was determined that the average price of the rooms in the sample was $108.50 with a known population standard deviation of $16. 1. Formulate the hypothesis to determine whether of not the average room price is significantly different from $112. 2. Compute the test statistics. 3. At 90% confidence using the p-value approach, test the hypothesis. What is your conclusion...
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