Question

The U.S. Energy Administration reported that the mean price for a gallon of regular gasoline in the United States was $2.357 (U.S. Energy Administration, January 30, 2006). Data for a sample of regular gasoline prices at 50 service stations in the Lower Atlantic states are contained in the data file named Gasoline. Conduct a hypothesis test to determine whether the mean price for a gallon of gasoline in the Lower Atlantic states is different from the national mean. Use α = .05 for the level of significance, and state your conclusion.


$1.99
Sales0
Views54
Comments0
  • CreatedSeptember 20, 2015
  • Files Included
Post your question
5000