by Claiming thất the average textbook at BC bookstore costs $ 96.54. You want to test this claim. The null and alternative hypothesis in symbols would be: O Ho:H = 96.54 H1:p # 96.54 O Ho:p 2 96.54 H1:p < 96.54 O Ho:4 < 96.54 H1:u > 96.54 O Ho:u 2 96.54 H:µ < 96.54 O Ho:p < 96.54 H:p > 96.54 O Ho:p= 96.54 H1:p# 96.54 The null hypothesis in words would be: O The proportion of all textbooks from the store that are less than 96.54 is equal to 50% O The average of price of all textbooks from the store is less than $ 96.54. O The average price of all textbooks from the store is $ 96.54 O The average price of textbooks in a sample is $ 96.54 O The average of price of all textbooks from the store is greater than $ 96.54. Based on a sample of 200 textbooks at the store, you find an average of 92.14 and a standard deviation of 19.8. The point estimate is: (to 3 decimals) The 99 % confidence interval (use z*) is: (to 3 to decimals)
by Claiming thất the average textbook at BC bookstore costs $ 96.54. You want to test this claim. The null and alternative hypothesis in symbols would be: O Ho:H = 96.54 H1:p # 96.54 O Ho:p 2 96.54 H1:p < 96.54 O Ho:4 < 96.54 H1:u > 96.54 O Ho:u 2 96.54 H:µ < 96.54 O Ho:p < 96.54 H:p > 96.54 O Ho:p= 96.54 H1:p# 96.54 The null hypothesis in words would be: O The proportion of all textbooks from the store that are less than 96.54 is equal to 50% O The average of price of all textbooks from the store is less than $ 96.54. O The average price of all textbooks from the store is $ 96.54 O The average price of textbooks in a sample is $ 96.54 O The average of price of all textbooks from the store is greater than $ 96.54. Based on a sample of 200 textbooks at the store, you find an average of 92.14 and a standard deviation of 19.8. The point estimate is: (to 3 decimals) The 99 % confidence interval (use z*) is: (to 3 to decimals)
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
Transcribed Image Text:Suppose that BC financial aid alots a textbook stipend by claiming that the average textbook at BC
bookstore costs $ 96.54. You want to test this claim.
The null and alternative hypothesis in symbols would be:
O Ho:H = 96.54
H1:p # 96.54
O Ho:p 2 96.54
H1:p < 96.54
O Ho:µ < 96.54
H1:µ > 96.54
O Ho:µ > 96.54
H : µ < 96.54
O Ho:p < 96.54
H:p > 96.54
O Ho:p= 96.54
H:p# 96.54
The null hypothesis in words would be:
O The proportion of all textbooks from the store that are less than 96.54 is equal to 50%
O The average of price of all textbooks from the store is less than $ 96.54.
O The average price of all textbooks from the store is $ 96.54
O The average price of textbooks in a sample is $ 96.54
O The average of price of all textbooks from the store is greater than $ 96.54.
Based on a sample of 200 textbooks at the store, you find an average of 92.14 and a standard
deviation of 19.8.
The point estimate is:
(to 3 decimals)
The 99 % confidence interval (use z*) is:
to
(to 3
decimals)
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