Suppose that BC financial aid alots a textbook stipend by claiming that the average textbook at...
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Suppose that BC financial aid alots a textbook stipend by claiming that the average textbook at BC bookstore costs $98.36. You want to test this claim. The null and alternative hypothesis in symbols would be: Ο Η: μ ≥ 98.36 Ηγ:μ < 98.36 O Ho: P = 98.36 H₁:p # 98.36 Ho: μ = 98.36 H₁: 98.36 O Ho:p> 98.36 H₁: p < 98.36 Ho:μ < 98.36 Ηι:μ > 98.36 Ho:p 98.36 H₁:p> 98.36 The null hypothesis in words would be: The average price of all textbooks from the store is $98.36 O The average price of textbooks in a sample is $98.36 O The average of price of all textbooks from the store is greater than $98.36. O The proportion of all textbooks from the store that are less than 98.36 is equal to 50% O The average of price of all textbooks from the store is less than $ 98.36. Based on a sample of 110 textbooks at the store, you find an average of 112.16. You assume a standard deviation of 22.6. The point estimate is: The 99 % confidence interval is: decimals) to (to 3 Suppose that BC financial aid alots a textbook stipend by claiming that the average textbook at BC bookstore costs $98.36. You want to test this claim. The null and alternative hypothesis in symbols would be: Ο Η: μ ≥ 98.36 Ηγ:μ < 98.36 O Ho: P = 98.36 H₁:p # 98.36 Ho: μ = 98.36 H₁: 98.36 O Ho:p> 98.36 H₁: p < 98.36 Ho:μ < 98.36 Ηι:μ > 98.36 Ho:p 98.36 H₁:p> 98.36 The null hypothesis in words would be: The average price of all textbooks from the store is $98.36 O The average price of textbooks in a sample is $98.36 O The average of price of all textbooks from the store is greater than $98.36. O The proportion of all textbooks from the store that are less than 98.36 is equal to 50% O The average of price of all textbooks from the store is less than $ 98.36. Based on a sample of 110 textbooks at the store, you find an average of 112.16. You assume a standard deviation of 22.6. The point estimate is: The 99 % confidence interval is: decimals) to (to 3
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Related Book For
Understanding Basic Statistics
ISBN: 978-1111827021
6th edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase
Posted Date:
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