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? Select the correct hypothesis test for this problem:
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? Select the correct hypothesis test for this problem:
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 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?
Select the correct hypothesis test for this problem:
Transcribed Image Text: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?
Select the correct hypothesis test for this problem:
O Ho: H = $ 1922.76
H1: H > $ 1922.76
Ο H0: μ=$ 1736
H1: H > $ 1736
Ο H0: μ- 25
H1: H= 25
O Ho: H = $ 1922.76
H1: µ # $ 1922.76
Ο H: μ= $ 1736
H1: H # $ 1736
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