Question

Easter candy expenditure per consumer is normally distributed with a standard deviation of $2.51. A candy...

Easter candy expenditure per consumer is normally distributed with a standard deviation of $2.51. A candy manufacturer claims that the average Easter candy expenditure per consumer is no more than $20. Fifteen consumers were randomly selected. The average Easter candy expenditure per consumer was found to be $21.22 with a standard deviation of $3.00. Can you reject the candy manufacturer's claim at α=.05?

For the hypothesis stated above, what is the test statistic?

a.

0.4861

b.

1.5750

c.

1.8825

d.

None of the answers is correct

e.

2.9824

0 0
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Answer #1

test statistic,

t = (xbar - mu)/(s/sqrt(n))
t = (21.22 - 20)/(3/sqrt(15))
t = 1.5750

Option B

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