According to the document Consumer Expenditures, a publication of the Bureau of Labor Statistics, the average consumer spent $1736 on apparel and services in the last year. A researcher believes that consumers in the Northeast spent more on average. The researcher sampled 25 consumers in the Northeast and recorded the amount they spent on apparel and services in the last year. The data is listed below:1279145720201682127322232233219216111734268820292166186024441844176522671522201219901751211322021712 At the 0.05 level of significance, does the data provide evidence to suggest that consumers in the Northeast spend more on average than the national average reported in the Bureau of Labor Statistics?What is the p-value for this hypothesis test? Question 8 options: 0.001 0.004 0.007 0.2223

Answered: According to the document Consumer…

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 the document Consumer Expenditures, a publication of the Bureau of Labor Statistics, the average consumer spent $1736 on apparel and services in the last year. A researcher believes that consumers in the Northeast spent more on average. The researcher sampled 25 consumers in the Northeast and recorded the amount they spent on apparel and services in the last year. The data is listed below:

1279	1457	2020	1682	1273
2223	2233	2192	1611	1734
2688	2029	2166	1860	2444
1844	1765	2267	1522	2012
1990	1751	2113	2202	1712

At the 0.05 level of significance, does the data provide evidence to suggest that consumers in the Northeast spend more on average than the national average reported in the Bureau of Labor Statistics?

What is the p-value for this hypothesis test?

Question 8 options: