A wedding website states that the average cost of a wedding is $28,142. One concerned bride hopes that the average is less than reported. To see if her hope is correct. she surveys 39 recently married couples and finds that the average cost of weddings in the sampie was $26,386. Assuming that the population standard deviation is $5500, is there sufficient evidence to support the bride's hope at the 0.01 level of significance? Step 2 of 3: Compute the value of the test statistic. Round your answer to two decimal places.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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A wedding website states that the average cost of a wedding is $28,142. One concerned bride hopes that the average is less than reported. To see if her hope is correct, she surveys 39 recently married couples and finds that the average cost of weddings in the sample was $26,386. Assuming that the population standard deviation is $5500, is there sufficient evidence to support the bride’s hope at the 0.01 level of significance?

**Step 2 of 3**: Compute the value of the test statistic. Round your answer to two decimal places.

**Answer**: [Blank space for calculation]

A small box is provided for users to input their answer. On the left, there is a keypad with various mathematical symbols to assist in calculations, including symbols for addition, subtraction, multiplication, division, square roots, parentheses, and Greek letters such as alpha and mu. Users can also access tables and keyboard shortcuts for ease of use. The "Submit Answer" button is located below this input section.
Transcribed Image Text:A wedding website states that the average cost of a wedding is $28,142. One concerned bride hopes that the average is less than reported. To see if her hope is correct, she surveys 39 recently married couples and finds that the average cost of weddings in the sample was $26,386. Assuming that the population standard deviation is $5500, is there sufficient evidence to support the bride’s hope at the 0.01 level of significance? **Step 2 of 3**: Compute the value of the test statistic. Round your answer to two decimal places. **Answer**: [Blank space for calculation] A small box is provided for users to input their answer. On the left, there is a keypad with various mathematical symbols to assist in calculations, including symbols for addition, subtraction, multiplication, division, square roots, parentheses, and Greek letters such as alpha and mu. Users can also access tables and keyboard shortcuts for ease of use. The "Submit Answer" button is located below this input section.
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