The average movie admission price for a recent year was $7.18. The population variance was 3.81. A random sample of 15 theater admission prices had a mean of $8.02 with a standard deviation of 2.08. At α = 0.05 is there sufficient evidence to conclude a difference from the population variance?
Perform each of the following steps.
a. State the hypotheses and identify the claim.
b. Find the critical value(s).
c. Compute the test value.
d. Make the decision.
e. Summarize the results.
Use the traditional method of hypothesis testing unless otherwise specified.

  • CreatedSeptember 02, 2015
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