If the test is done at 95% confidence, the null hypothesis should

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Which is cheaper: eating out or dining in? The mean cost of a flank steak,
broccoli, and rice bought at the grocery store is $13.04 (Money.msn website,
November 7, 2012). A sample of 100 neighborhood restaurants showed a
mean price of $12.75 and a standard deviation of $2 for a comparable
restaurant meal. Answer questions 4-7.
Transcribed Image Text:Which is cheaper: eating out or dining in? The mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (Money.msn website, November 7, 2012). A sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. Answer questions 4-7.
If the test is done at 95% confidence, the null hypothesis should
not be rejected.
None of these alternatives is correct.
be rejected.
Not enough information is given to answer this question.
Transcribed Image Text:If the test is done at 95% confidence, the null hypothesis should not be rejected. None of these alternatives is correct. be rejected. Not enough information is given to answer this question.
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