7.) The manager at a movie theater tells customers that the average price of its popcorn is $8.35. A group of smart statistics students thinks that the average price is higher. In order to test the theater's claim against their alternative, the students will select a random sample of 200 popcorn orders. Assume that the mean popcorn price from their random sample is $8.50 and the standard deviation is $0.95. A hypothesis test is performed at a a = 0.05 significance level. Use the following statistical output to choose the answer that best describes the results of the test.
7.) The manager at a movie theater tells customers that the average price of its popcorn is $8.35. A group of smart statistics students thinks that the average price is higher. In order to test the theater's claim against their alternative, the students will select a random sample of 200 popcorn orders. Assume that the mean popcorn price from their random sample is $8.50 and the standard deviation is $0.95. A hypothesis test is performed at a a = 0.05 significance level. Use the following statistical output to choose the answer that best describes the results of the test.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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