# Question

According to BIGresearch, holiday shoppers spent an average of $ 373 over the Thanksgiving weekend in 2008. The following data show the amount spent by a random sample of holiday shoppers during the same weekend in 2014:

a. Test the hypothesis that that shoppers spent less than an average of $ 373 over the Thanksgiving weekend in 2014 using σ = 0.05.

b. Estimate the p value for this test using Table 5 in Appendix A.

c. Determine the precise p value for this test using Excel.

d. Use PHStat to validate these results.

a. Test the hypothesis that that shoppers spent less than an average of $ 373 over the Thanksgiving weekend in 2014 using σ = 0.05.

b. Estimate the p value for this test using Table 5 in Appendix A.

c. Determine the precise p value for this test using Excel.

d. Use PHStat to validate these results.

## Answer to relevant Questions

According to the market research firm NPD Group, Americans ate an average of 211 meals in restaurants in 2001. The following data show the number of meals eaten in restaurants as determined from a random sample of Americans ...Calculate the p value for the following conditions and determine whether to reject the null hypothesis: a. One tail (upper) test, zp = 2.15, and σ = 0.10 b. One tail (lower) test, zp = 0.66, and σ = 0.05 c. Two tail ...Consider the following hypotheses: H0: μ < 50 H1: μ > 50 Given that x = 52, s = 12, n = 36, and σ = 0.05, answer the following questions: a. What conclusion should be drawn? b. Determine the p value for this test. The average retirement age for French citizens in 2009 was reported to be 58.7 years according to the Organization for Economic Co operation and Development, an international group dedicated to promoting trade and economic ...In April 2013, President Obama’s approval rating was 52%. Suppose the White House staff was concerned that the rating had fallen due to the administration’s handling of the government’s debt crisis during the summer of ...Post your question

0