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b-2. What is the p-value? (Round your answer to 2 decimal places.) p-value Answer is not complete.

b-2. What is the p-value? (Round your answer to 2 decimal places.) p-value Answer is not complete.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 8CR
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Central Airlines claims that the median price of a round-trip ticket from Chicago, Illinois, to Jackson Hole, Wyoming, is $603. This claim is being challenged by the Association of Travel Agents, who believe the median price is less than $603. A random sample of 25 round-trip tickets from Chicago to Jackson Hole revealed 11 tickets were below $603. None of the tickets was exactly $603 a. State the null hypothesis and alternate hypothesis Answer is complete and correct. Ho median 2 H, median < Reject s $ 003 603 b-1. State the decision rule. Use the 0.5 significance level Answer is complete and correct. Het 7 or less tickets were less man 603
Transcribed Image Text:Central Airlines claims that the median price of a round-trip ticket from Chicago, Illinois, to Jackson Hole, Wyoming, is $603. This claim is being challenged by the Association of Travel Agents, who believe the median price is less than $603. A random sample of 25 round-trip tickets from Chicago to Jackson Hole revealed 11 tickets were below $603. None of the tickets was exactly $603 a. State the null hypothesis and alternate hypothesis Answer is complete and correct. Ho median 2 H, median < Reject s $ 003 603 b-1. State the decision rule. Use the 0.5 significance level Answer is complete and correct. Het 7 or less tickets were less man 603
b-2. What is the p-value? (Round your answer to 2 decimal places.) p-value Answer is not complete.
Transcribed Image Text:b-2. What is the p-value? (Round your answer to 2 decimal places.) p-value Answer is not complete.
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