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 3 of 3: Draw a conclusion and interpret the decision. I Tables Keypad Answer Keyboard Shortcuts We reject the null hypothesis and conclude that there is insufficient evidence at a 0.01 level of significance to support the bride's hope that the mean cost of a wedding is less than $28,142. We fail to reject the null hypothesis and conclude that there is insufficient evidence at a 0.01 level of significance to support the bride's hope that the mean cost of a wedding is less than $28,142. We reject the null hypothesis and conclude that there is sufficient evidence at a 0.01 level of significance to support the bride's hope that the mean cost of a wedding is less than $28,142. We fail to reject the null hypothesis and conclude that there is sufficient evidence at a 0.01 level of significance to support the bride's hope that the mean cost of a wedding is less than $28,142.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
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 3 of 3: Draw a conclusion and interpret the decision.
Answer
E Tables
E Keypad
Keyboard Shortcuts
We reject the null hypothesis and conclude that there is insufficient evidence at a 0.01 level of significance to support the bride's hope that the mean cost of a wedding
is less than $28,142.
We fail to reject the null hypothesis and conclude that there is insufficient evidence at a 0.01 level of significance to support the bride's hope that the mean cost of a
wedding is less than $28,142.
We reject the null hypothesis and conclude that there is sufficient evidence at a 0.01 level of significance to support the bride's hope that the mean cost of a wedding is
less than $28,142.
>
* 0 u a
= +
We fail to reject the null hypothesis and conclude that there is sufficient evidence at a 0.01 level of significance to support the bride's hope that the mean cost of a
wedding is less than $28,142.
A Al
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 3 of 3: Draw a conclusion and interpret the decision. Answer E Tables E Keypad Keyboard Shortcuts We reject the null hypothesis and conclude that there is insufficient evidence at a 0.01 level of significance to support the bride's hope that the mean cost of a wedding is less than $28,142. We fail to reject the null hypothesis and conclude that there is insufficient evidence at a 0.01 level of significance to support the bride's hope that the mean cost of a wedding is less than $28,142. We reject the null hypothesis and conclude that there is sufficient evidence at a 0.01 level of significance to support the bride's hope that the mean cost of a wedding is less than $28,142. > * 0 u a = + We fail to reject the null hypothesis and conclude that there is sufficient evidence at a 0.01 level of significance to support the bride's hope that the mean cost of a wedding is less than $28,142. A Al
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