2. Use question 1 to help answer question 2: An article in the local paper claims that the average amount lowe spent in a visit to a fast food restaurant at least $20. Is the fast food restaurant in problem # 1 unusually ang diw how cheap? (Conduct a hypothesis test to answer this question. Use a 5% level of significance.) Assume that the M=25 amount people spend is approximately normally distributed. animistab of beibute asw instustast bool last s 18 anobio de to slamna robust hom tot eisem bobuloni arsbro smo?) obro sito (ellob restesa ort of bobauer) x= 5 1515 M>20 a) Ho: M≤29 M>20 (Clam) b) Is this a right-tailed, two-tailed or left-tailed test? bas right Tailed vol adi lads. Isinb sasdi rol atolq 15 laidw bas-xod exeM (s nsibom or bas 29linsup birds c) Compute the z score. Show the appropriate computation.de 25zaslo xia diw older yonsapsila M (d zaionsupeil svitslumus bus asioneups it yonsuper vielumu atimil 2281) d) Find the p-value for the sample test statistic. Sketch of the appropriate curve and label the test statistic and p-Value on the sketch. e) Based on your answers above, do you reject or fail to reject the null hypothesis? What do you conclude about the average cost at this restaurant? State your conclusion in nontechnical terms.
2. Use question 1 to help answer question 2: An article in the local paper claims that the average amount lowe spent in a visit to a fast food restaurant at least $20. Is the fast food restaurant in problem # 1 unusually ang diw how cheap? (Conduct a hypothesis test to answer this question. Use a 5% level of significance.) Assume that the M=25 amount people spend is approximately normally distributed. animistab of beibute asw instustast bool last s 18 anobio de to slamna robust hom tot eisem bobuloni arsbro smo?) obro sito (ellob restesa ort of bobauer) x= 5 1515 M>20 a) Ho: M≤29 M>20 (Clam) b) Is this a right-tailed, two-tailed or left-tailed test? bas right Tailed vol adi lads. Isinb sasdi rol atolq 15 laidw bas-xod exeM (s nsibom or bas 29linsup birds c) Compute the z score. Show the appropriate computation.de 25zaslo xia diw older yonsapsila M (d zaionsupeil svitslumus bus asioneups it yonsuper vielumu atimil 2281) d) Find the p-value for the sample test statistic. Sketch of the appropriate curve and label the test statistic and p-Value on the sketch. e) Based on your answers above, do you reject or fail to reject the null hypothesis? What do you conclude about the average cost at this restaurant? State your conclusion in nontechnical terms.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Transcribed Image Text:2. Use question 1 to help answer question 2: An article in the local paper claims that the average amount lowe
spent in a visit to a fast food restaurant at least $20. Is the fast food restaurant in problem # 1 unusually ang diw how
cheap? (Conduct a hypothesis test to answer this question. Use a 5% level of significance.) Assume that the M=25
amount people spend is approximately normally distributed.
animistab of beibute asw instustast bool last s 18 anobio de to slamna robust
hom tot eisem bobuloni arsbro smo?) obro sito (ellob restesa ort of bobauer)
x= 5
1515
M>20
a) Ho: M≤29
M>20 (Clam)
b) Is this a right-tailed, two-tailed or left-tailed test?
bas
right Tailed
vol adi lads. Isinb sasdi rol atolq 15 laidw bas-xod exeM (s
nsibom or bas 29linsup birds
c) Compute the z score. Show the appropriate computation.de 25zaslo xia diw older yonsapsila M (d
zaionsupeil svitslumus bus asioneups it
yonsuper vielumu
atimil 2281)
d) Find the p-value for the sample test statistic. Sketch of the appropriate curve and label the test
statistic and p-Value on the sketch.
e) Based on your answers above, do you reject or fail to reject the null hypothesis? What do you
conclude about the average cost at this restaurant? State your conclusion in nontechnical terms.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman