Considering the given significance level and a p-value of 0.132, we should [Select an answer Select an answer equal to $3.68. that the population mean price of a cup of coffee is not

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
The mean price of a cup of coffee in Portland, OR is $3.68. The owner of a new coffee house believes that
the mean price of coffee is different in their neighborhood. A sample of 9 coffee prices from other local
coffee shops in their area are shown below.
2.7 3.45
4
3.7
2.4
3.3 4.75
2.15
2.15
Test the claim that mean price of a cup of coffee is not equal to $3.68 using a 1% significance level.
Assume that the coffee prices are normally distributed.
Fill in the hypotheses below:
Ho H
Hau
= V
#v✓
$ 3.68
$ 3.68
Considering the given significance level and a p-value of 0.132, we should [Select an answer
Select an answer
equal to $3.68.
Part 2 of 2
that the population mean price of a cup of coffee is not
Transcribed Image Text:The mean price of a cup of coffee in Portland, OR is $3.68. The owner of a new coffee house believes that the mean price of coffee is different in their neighborhood. A sample of 9 coffee prices from other local coffee shops in their area are shown below. 2.7 3.45 4 3.7 2.4 3.3 4.75 2.15 2.15 Test the claim that mean price of a cup of coffee is not equal to $3.68 using a 1% significance level. Assume that the coffee prices are normally distributed. Fill in the hypotheses below: Ho H Hau = V #v✓ $ 3.68 $ 3.68 Considering the given significance level and a p-value of 0.132, we should [Select an answer Select an answer equal to $3.68. Part 2 of 2 that the population mean price of a cup of coffee is not
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman