A study was conducted recently to see the change of monthly internet subscription fees. A sample of 60 subscribers shows that their average monthly bill is $94. Assume the population standard deviation σ=$23. (a) Estimate the average monthly internet subscription fee. Use (b) It was reported that the average monthly bill last year was $100. Does the sample data suggest that the average monthly bill has decreased from last year? Using (c) What is the -value of the test in (b)? (d) Would you reach the same conclusion as in (b) if (Note: For your convenience, you can copy/ paste the following notations.)
A study was conducted recently to see the change of monthly internet subscription fees. A sample of 60 subscribers shows that their average monthly bill is $94. Assume the population standard deviation σ=$23. (a) Estimate the average monthly internet subscription fee. Use (b) It was reported that the average monthly bill last year was $100. Does the sample data suggest that the average monthly bill has decreased from last year? Using (c) What is the -value of the test in (b)? (d) Would you reach the same conclusion as in (b) if (Note: For your convenience, you can copy/ paste the following notations.)
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A study was conducted recently to see the change of monthly internet subscription fees. A sample of 60 subscribers shows that their average monthly bill is $94. Assume the population standard deviation σ=$23.
(a) Estimate the average monthly internet subscription fee. Use
(b) It was reported that the average monthly bill last year was $100. Does the sample data suggest that the average monthly bill has decreased from last year? Using
(c) What is the -value of the test in (b)?
(d) Would you reach the same conclusion as in (b) if
(Note: For your convenience, you can copy/ paste the following notations.)
![1. A study was conducted recently to see the change of monthly internet subscription fees. A
sample of 60 subscribers shows that their average monthly bill is $94. Assume the population
standard deviation o=$23.
(a) Estimate the average monthly internet subscription fee. Use a = 0.01.
(b) It was reported that the average monthly bill last year was $100. Does the sample data
suggest that the average monthly bill has decreased from last year? Using a =
0.05
(c) What is the p-value of the test in (b)?
(d) Would you reach the same conclusion as in (b) if a =
0.01?
(Note: For your convenience, you can copy/ paste the following notations.)
H, P,X, P, Ho, Ha, 0,s, Za, Za/2, Zo.1, Zo.05, Zo.025, Zo.01, Zo.005, ta, ta/2, to.1, to.o5, to.o25, to.01, to.005,
Far Fo.1, Fo.o05, Fo.o1, >,<,=,#,±, µ, M2, P(Z >),P(Z <),P(T >),P(T <),
P(1– P)
Za/2
p- p
S
tal2 n
Vn'
Za/2
',Z =
-,T
S
p(1-p)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcb9f2fc8-72b4-4742-b563-2f7dbd26462e%2F3ed2a927-f349-4a1e-9362-a7e343f071e2%2Fhmlknap_processed.png&w=3840&q=75)
Transcribed Image Text:1. A study was conducted recently to see the change of monthly internet subscription fees. A
sample of 60 subscribers shows that their average monthly bill is $94. Assume the population
standard deviation o=$23.
(a) Estimate the average monthly internet subscription fee. Use a = 0.01.
(b) It was reported that the average monthly bill last year was $100. Does the sample data
suggest that the average monthly bill has decreased from last year? Using a =
0.05
(c) What is the p-value of the test in (b)?
(d) Would you reach the same conclusion as in (b) if a =
0.01?
(Note: For your convenience, you can copy/ paste the following notations.)
H, P,X, P, Ho, Ha, 0,s, Za, Za/2, Zo.1, Zo.05, Zo.025, Zo.01, Zo.005, ta, ta/2, to.1, to.o5, to.o25, to.01, to.005,
Far Fo.1, Fo.o05, Fo.o1, >,<,=,#,±, µ, M2, P(Z >),P(Z <),P(T >),P(T <),
P(1– P)
Za/2
p- p
S
tal2 n
Vn'
Za/2
',Z =
-,T
S
p(1-p)
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