A В D E F G H K M N P 1 n Type of test H. 2 df Ho The U.S. Department of agriculture reports that the mean cost of raising a child from birth to age 2 in a rural area is $9405.You believe this value is incorrect, so you select a random sample of 900 children (age2) and find that the mean cost is $9290 with a standard deviation of $1540. At a = 0.05. Is there enough 3 alpha 4 alpha/2 5 He Test statistic 7 evidence to conclude that the mean cost is different from $9405? o or s critical value (s) FOR ALL THE QUESTIONS, USE BOTH THE P-VALUE 10 APPROACH AND THE CRITICAL VALUE METHOD 1 p-value 2 0/sqrt(n) 13 |4 decision

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Question
100%

please show all steps using ONLY EXCEL FORMULAS

 

A
В
D
E
F
G
H
K
M
P
1 n
Type of test
Ha
2 df
Ho
The U.S. Department of agriculture reports that the mean cost
3 alpha
4 alpha/2
of raising a child from birth to age 2 in a rural area is $9405.You
believe this value is incorrect, so you select a random sample of
5 Ho
900 children (age2) and find that the mean cost is $9290 with a
standard deviation of $1540. At a = 0.05. Is there enough
6
Test statistic
7 x
evidence to conclude that the mean cost is different from
8
$9405?
9 o or s
critical value (s)
FOR ALL THE QUESTIONS, USE BOTH THE P-VALUE
10
APPROACH AND THE CRITICAL VALUE METHOD
11
p-value
12 o/sqrt(n)
13
14
decision
15
16
17
18
conclusion
Transcribed Image Text:A В D E F G H K M P 1 n Type of test Ha 2 df Ho The U.S. Department of agriculture reports that the mean cost 3 alpha 4 alpha/2 of raising a child from birth to age 2 in a rural area is $9405.You believe this value is incorrect, so you select a random sample of 5 Ho 900 children (age2) and find that the mean cost is $9290 with a standard deviation of $1540. At a = 0.05. Is there enough 6 Test statistic 7 x evidence to conclude that the mean cost is different from 8 $9405? 9 o or s critical value (s) FOR ALL THE QUESTIONS, USE BOTH THE P-VALUE 10 APPROACH AND THE CRITICAL VALUE METHOD 11 p-value 12 o/sqrt(n) 13 14 decision 15 16 17 18 conclusion
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