he average monthly spending on gasoline in New York State is $85 per person. A undom sample of 453 respondents living in Albany area revealed that they spend, on verage, $83 on fuel each month, with a standard deviation of 20. Do Albany residents pend different amount of money on fuel compared to the NYS average? Use a=0.05.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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1. The average monthly spending on gasoline in New York State is $85 per person. A
random sample of 453 respondents living in Albany area revealed that they spend, on
average, $83 on fuel each month, with a standard deviation of 20. Do Albany residents
spend different amount of money on fuel compared to the NYS average? Use a=0.05.
P Type here to search
631 PM
Transcribed Image Text:1. The average monthly spending on gasoline in New York State is $85 per person. A random sample of 453 respondents living in Albany area revealed that they spend, on average, $83 on fuel each month, with a standard deviation of 20. Do Albany residents spend different amount of money on fuel compared to the NYS average? Use a=0.05. P Type here to search 631 PM
Expert Solution
Step 1

Given that 

Sample size n =453

Population mean =85

Standard deviation = 20

Sample mean = 83

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