Question: I need help with number 2 NEVADA BAR BAR BAR $100 4 4 $50 25 LAS VEGAS NEVADA The Nevada State Lottery Commission wishes to

I need help with number 2

I need help with number 2 NEVADA BAR BAR BAR $100 4

NEVADA BAR BAR BAR $100 4 4 $50 25 LAS VEGAS NEVADA The Nevada State Lottery Commission wishes to estimate the mean number of lottery tickets u sold per week in individual Nevada convenience stores within 5 miles of the California border. The numbers of lottery tickets sold in the last week at a random sample of these convenience stores have the following values: 500, 650, 600, 505, 450, 550, 515, 495, 650, 395 Do these data give good reason to believe that the mean number of lottery tickets u sold per week in individual Nevada convenience stores within 5 miles of the California border is greater than 500? Perform the appropriate hypothesis test and answer the questions below. Note: calculate the sample standard deviation s to 2 decimal places. Do these data give good reason to believe that the mean number of lottery tickets / sold per week in individual Nevada convenience stores within 5 miles of the California border is greater than 500? Perform the appropriate hypothesis test and answer the questions below. Note: calculate the sample standard deviation s to 2 decimal places. Question la. What is the value of the test statistic t for this test? 1.1841 Question 1b. Use this t-table to determine bounds on the P-value of this test: .10 lower bound on the P-value .15 upper bound on the P-value Question 1c. Use technology (for example, your graphing calculator, Excel, or statcrunch) to find the exact P-value (use 4 decimal places in your answer). .1334 P-value (4 decimal places) Question 2. Find a 90% confidence interval for the mean number of lottery tickets / sold per week in individual Nevada convenience stores within 5 miles of the California border: lower boun upper bound

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!