A recent report claims that Americans spend an average of $11 per day on lunch. You believe that people who live in Philadelphia, PA spend significantly less on lunch per day than that. In order to test this, you randomly sampled n=100 Philadelphia residents and asked them how much they spend on lunch everyday. The sample average of these respondents was $10.92 with a sample standard deviation of $1.07. If you want to test the null hypothesis that H0: mean=11 vs Ha: mean <11. what is the value of the test statistic?
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
A recent report claims that Americans spend an average of $11 per day on lunch. You believe that people who live in Philadelphia, PA spend significantly less on lunch per day than that. In order to test this, you randomly sampled n=100 Philadelphia residents and asked them how much they spend on lunch everyday. The sample average of these respondents was $10.92 with a sample standard deviation of $1.07.
what is the value of the test statistic?
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