Direction: Answer the following problems completely. 1. Show the complete steps of hypothesis testing on population mean given the problem related to spending for food. A study reveals that a household spends an average of P600.00 of food per day. A group of students took a random sample of 35 households and determined how much each household spent for food and revealed a mean of P499.00 and a standard deviation of 23.60. Using 0.05 level of significance, can it be concluded that the average amount spent per day for food has decreased? (Critical value: 1.671) After verifying the claim, what are the ways that you could do to lessen the expenses of food in your own household?
Direction: Answer the following problems completely. 1. Show the complete steps of hypothesis testing on population mean given the problem related to spending for food. A study reveals that a household spends an average of P600.00 of food per day. A group of students took a random sample of 35 households and determined how much each household spent for food and revealed a mean of P499.00 and a standard deviation of 23.60. Using 0.05 level of significance, can it be concluded that the average amount spent per day for food has decreased? (Critical value: 1.671) After verifying the claim, what are the ways that you could do to lessen the expenses of food in your own household?
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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