he average daily expenditure on food of a middle income family is P200, with a standard deviation of P15. A sample of 10 such families showed the following expenditures: P220, P190, P205, P215, P200, P187, P195, P182, and P201. Test the hypothesis that the average daily expenditure is still P200. Use 0.01 level.
he average daily expenditure on food of a middle income family is P200, with a standard deviation of P15. A sample of 10 such families showed the following expenditures: P220, P190, P205, P215, P200, P187, P195, P182, and P201. Test the hypothesis that the average daily expenditure is still P200. Use 0.01 level.
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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The average daily expenditure on food of a middle income family is P200, with a standard
deviation of P15. A sample of 10 such families showed the following expenditures: P220,
P190, P205, P215, P200, P187, P195, P182, and P201. Test the hypothesis that the average
daily expenditure is still P200. Use 0.01 level.
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