The cost of a wedding has skyrocketed in recent years. As a result, many couples are...

 

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The cost of a wedding has skyrocketed in recent years. As a result, many couples are opting to have their weddings in the Caribbean. A Caribbean vacation resort recently advertised that the cost of a Caribbean wedding was less than $10 000. Listed below is the total cost (in $ thousands) for a sample of eight Caribbean weddings: $9.1 10.4 9.2 9.6 9.4 10.3 9.6 10.9 a. State the null hypothesis and the alternate hypothesis. (Enter the final answers in thousands of doliars.) Ho: 2 Hạ: u < b. State the decision rule for 0.10 significance level. (Negative answer should be indicated by a minus sign. Round the final answer to 3 decimal places.) Reject Ho if t< c. Compute the value of the test statistic. (Negative answer should be indicated by a minus sign. Round the final answer to 3 decimal places.) Value of the test statistic d. At the 0.10 significance level., is it reasonable to conclude the mean wedding cost is less than $10,000 as advertised? (Click to select) Ho There is (Click to select) evidence to conciude that the cast is less than S10.000. References eBook & Resources Worksheet 9-52 The cost of a wedding has skyrocketed in recent years. As a result, many couples are opting to have their weddings in the Caribbean. A Caribbean vacation resort recently advertised that the cost of a Caribbean wedding was less than $10 000. Listed below is the total cost (in $ thousands) for a sample of eight Caribbean weddings: $9.1 10.4 9.2 9.6 9.4 10.3 9.6 10.9 a. State the null hypothesis and the alternate hypothesis. (Enter the final answers in thousands of doliars.) Ho: 2 Hạ: u < b. State the decision rule for 0.10 significance level. (Negative answer should be indicated by a minus sign. Round the final answer to 3 decimal places.) Reject Ho if t< c. Compute the value of the test statistic. (Negative answer should be indicated by a minus sign. Round the final answer to 3 decimal places.) Value of the test statistic d. At the 0.10 significance level., is it reasonable to conclude the mean wedding cost is less than $10,000 as advertised? (Click to select) Ho There is (Click to select) evidence to conciude that the cast is less than S10.000. References eBook & Resources Worksheet 9-52