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At a= 0.05, is there a significant difference on your sample average price if the market average price is PHP 40. Show the detailed steps in hypothesis testing and illustrate the decision rule. Step 1: State the hypothesis  H0: µ=40 H1: µ ≠ 40 Step 2: Significant Alpha Step 3: Determine the appropriate test statistic Step 4: Find the Critical Values  Step 5: Compute the test statistic Step 6: Decision Rule   Please complete all steps. need asap

At a= 0.05, is there a significant difference on your sample average price if the market average price is PHP 40. Show the detailed steps in hypothesis testing and illustrate the decision rule. Step 1: State the hypothesis  H0: µ=40 H1: µ ≠ 40 Step 2: Significant Alpha Step 3: Determine the appropriate test statistic Step 4: Find the Critical Values  Step 5: Compute the test statistic Step 6: Decision Rule   Please complete all steps. need asap

MATLAB: An Introduction with Applications
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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At a= 0.05, is there a significant difference on your sample average price if the market average price is PHP 40. Show the detailed steps in hypothesis testing and illustrate the decision rule.

Step 1: State the hypothesis 

H0: µ=40

H1: µ ≠ 40

Step 2: Significant Alpha

Step 3: Determine the appropriate test statistic

Step 4: Find the Critical Values 

Step 5: Compute the test statistic

Step 6: Decision Rule

 

Please complete all steps. need asap

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Transcribed Image Text:PARDO INAYAWAN COLON DAVAK GUADALUPE LAPU-LAPU MANDAUE DANANA TPADILA C-PADILLA TABUAN JONES CAVAMDAGAN -TIVA LA HUG APAS ROYAL SEAL VALT ICEAL 20 1 xt I'LL IU I'xt Ixt Itt 1 tt 14t Itt Itt Litt 1kt 1u 1 kl 25 30 15 -20 -20 20 30 15 40 -40 20 15- 15 20
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Transcribed Image Text:UNIT EUCARIO Itt Fut -OPRA THOUDOR ILL MAMOATING IXT RAMA I'lll TANICOTAT Tu ERMITA Ill -CARDON Int CARRETA TU CAPITOLUTE Ilt PANAGDAH Itt DULTO TU MAGUNCAY Alt VEAL 30 40 25 25 25 -40 45 20 20 30 -25 077
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