3.05 3.45 4.4 2.1 Next est the claim that mean price of a cup of coffee is not equal to $3.8 using a 1% level of significance. assume that the coffee prices are normally distributed. Give answers to at least 2 decimal places. 1) Fill in the hypotheses below: Ho: Select an answer ? $

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3.) 

The mean price of a cup of coffee in Portland, OR is $3.8. The owner of a new coffee house believes that
the mean price of coffee is different in their neighborhood. A sample of 8 coffee prices from other local
coffee shops in their area are shown below.
Price
3.3
4.8
3.7
3.5
3.05
3.45
4.4
2.1
Test the claim that mean price of a cup of coffee is not equal to $3.8 using a 1% level of significance.
Assume that the coffee prices are normally distributed. Give answers to at least 2 decimal places.
a) Fill in the hypotheses below:
Ho: Select an answer
H₁: Select an answer ✓
?$
Next
? $
b) The p-value is 0.3966.
The correct decision is to Select an answer
The correct summary would be: Select an answer
price of a cup of coffee is not equal to $3.8.
that the population mean
Transcribed Image Text:The mean price of a cup of coffee in Portland, OR is $3.8. The owner of a new coffee house believes that the mean price of coffee is different in their neighborhood. A sample of 8 coffee prices from other local coffee shops in their area are shown below. Price 3.3 4.8 3.7 3.5 3.05 3.45 4.4 2.1 Test the claim that mean price of a cup of coffee is not equal to $3.8 using a 1% level of significance. Assume that the coffee prices are normally distributed. Give answers to at least 2 decimal places. a) Fill in the hypotheses below: Ho: Select an answer H₁: Select an answer ✓ ?$ Next ? $ b) The p-value is 0.3966. The correct decision is to Select an answer The correct summary would be: Select an answer price of a cup of coffee is not equal to $3.8. that the population mean
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