Question: please provide answer - they each require a certain amount of decimal places According to one popular magazine's survey, in 201 1, the average cost

please provide answer - they each require a certain amount of decimal places

please provide answer - they each require a certain amount of decimalplaces According to one popular magazine's survey, in 201 1, the average

According to one popular magazine's survey, in 201 1, the average cost of a Canadian wedding including the honeymoon was $ 29,900. A random sample of 800 Canadian weddings from this population produced a mean cost of $ 30.393. Assume that the standard deviation of all Canadian weddings in 2011 was $ 7,600. Consider the following null and alternative hypotheses in order to test if the average cost of a Canadian wedding in 2011 was different from $ 29.900. Consider a = 0.01 10 : #= 29.900 H1 :1 29.900 a. Select the distribution to use. (Note: Enter the number 1, 2 or S that shows the correct distribution) If distribution 2. = distribution (standard normal distribution) 3. F distribution b. Find the critical values to determine the rejection and nonrejection region for a = 0.01. Use the appropriate distribution table. (Note: Enter just the absolute value (positive value), rounded to 2 decimal places of accuracy.)c. Find the value of the test statistic. (Note: Enter just the numerical value, rounded to two decimal places of accuracy.) d. Considering the critical value(s) in part (c) and test statistic value in part (d), would you reject the null hypothesis at cr = 0.01 level of significance? Enter the number 1 or 2 to indicate the correct decision. 1. Do not reject /70. 2. Reject HO e. If you decided to use the p-value approach (instead of critical value method), what would be your p-value for this two-tailed test? (Note: Enter just the numerical value, rounded to four decimals) f. Considering the p-value in part (9), would you reject the null hypothesis at - 0.01 level of significance? Enter 1 or 2 to indicate the correct decision. 1. Do not reject //0. 2. Reject /10

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