According to official data, the average annual expenditure on dental care in Kingston, Jamaica is at least $60,000 per person. A random sample of 64 persons showed that they spent an average of $55,000 on dental care last year with a standard deviation of $10,350. Test at the 5% significance level whether last year’s mean annual dental care expenditure per person in the parish was less than $60,000. c) find value of test statistic.
According to official data, the average annual expenditure on dental care in Kingston, Jamaica is at least $60,000 per person. A random sample of 64 persons showed that they spent an average of $55,000 on dental care last year with a standard deviation of $10,350. Test at the 5% significance level whether last year’s mean annual dental care expenditure per person in the parish was less than $60,000. c) find value of test statistic.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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According to official data, the average annual expenditure on dental care in Kingston, Jamaica is at least $60,000 per person. A random sample of 64 persons showed that they spent an average of $55,000 on dental care last year with a standard deviation of $10,350. Test at the 5% significance level whether last year’s mean annual dental care expenditure per person in the parish was less than $60,000.
c) find value of test statistic.
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