A magazine article claims that the average cost for a take-out lunch is $9.22. You randomly select a sample of 38 take-out restaurants, and look up the price of their most popular lunch combo. You find an average of $10.08. Assume a population standard deviation of $2.13. d. Calculate the standardized test statistic for the hypothesis test, rounded to 2 decimal places: e. This is a _____ -tailed test, and since the significance level is 0.08, the critical z-score is _____ (round to 2 decimal places). g. Come to a conclusion: - Reject the-null hypothesis - Fall to reject the null hypothesis
A magazine article claims that the average cost for a take-out lunch is $9.22. You randomly select a sample of 38 take-out restaurants, and look up the price of their most popular lunch combo. You find an average of $10.08. Assume a population standard deviation of $2.13. d. Calculate the standardized test statistic for the hypothesis test, rounded to 2 decimal places: e. This is a _____ -tailed test, and since the significance level is 0.08, the critical z-score is _____ (round to 2 decimal places). g. Come to a conclusion: - Reject the-null hypothesis - Fall to reject the null hypothesis
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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A magazine article claims that the average cost for a take-out lunch is $9.22. You randomly select a sample of 38 take-out restaurants, and look up the price of their most popular lunch combo. You find an average of $10.08. Assume a population standard deviation of $2.13.
d. Calculate the standardized test statistic for the hypothesis test, rounded to 2 decimal places:
e. This is a _____ -tailed test, and since the significance level is 0.08, the critical z-score is _____ (round to 2 decimal places).
g. Come to a conclusion:
- Reject the-null hypothesis
- Fall to reject the null hypothesis
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