A consumer product magazine recently ran a story concerning the increasing price of VCRS. According to...

 

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A consumer product magazine recently ran a story concerning the increasing price of VCRS. According to the story, the average price of VCRS in 2002 was $215. To conduct a test of hypotheses to determine if the mean price of VCRS is greater than $215, a random sample of 24 VCRS was collected. The sample resulted in a sample mean of $225.23 and a sample standard deviation of $39.60. Which of the following could be the null and alternative hypotheses for this test? Select the correct answer below: O Hu< 225.23 versus H: u > 225.23 O H u<215 versus H: u> 215 O H; u = 215 versus H u+ 215 H: u> 215 versus H: u < 215 A consumer product magazine recently ran a story concerning the increasing price of VCRS. According to the story, the average price of VCRS in 2002 was $215. To conduct a test of hypotheses to determine if the mean price of VCRS is greater than $215, a random sample of 24 VCRS was collected. The sample resulted in a sample mean of $225.23 and a sample standard deviation of $39.60. Which of the following could be the null and alternative hypotheses for this test? Select the correct answer below: O Hu< 225.23 versus H: u > 225.23 O H u<215 versus H: u> 215 O H; u = 215 versus H u+ 215 H: u> 215 versus H: u < 215

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