Costco Travel claimed that the average price of the trip to Cancun all-inclusive resort for three...
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Costco Travel claimed that the average price of the trip to Cancun all-inclusive resort for three persons in July, is less than $7,100. Kayak rejects that statement, and a random sample of 150 trips booked has a mean cost of $6,800 with a population standard deviation of $1,200.At alpha 0.10, Find the p-value? Leave your answer in 4 decimal places. Costco Travel claimed that the average price of the trip to Cancun all-inclusive resort for three persons in July, is less than $7,100. Kayak rejects that statement, and a random sample of 150 trips booked has a mean cost of $6,800 with a population standard deviation of $1,200.At alpha 0.10, Find the p-value? Leave your answer in 4 decimal places.
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Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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