In a random sample of 10 cell phones, the mean full retail price was $506.70 and the standard deviation was $183.00. Further research suggests that the population mean is $432.14. Does the t-value for the original sample fall between -toes and to.96? Assume that the population of full retail prices for cell phones is normally distributed. The t-value of t 1.29 does fall between -toss and toss because to.95 = 2.26². (Round to two decimal places as needed.)

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In a random sample of
10
cell​ phones, the mean full retail price was
​$506.70
and the standard deviation was
​$183.00.
Further research suggests that the population mean is
​$432.14.
Does the​ t-value for the original sample fall between
−t0.95
and
t0.95​?
Assume that the population of full retail prices for cell phones is normally distributed.
 
 
 

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Part 1
The​ t-value of
t=1.291.29
does
 
fall between
−t0.95
and
t0.95
because
t0.95=2.262.26.
In a random sample of 10 cell phones, the mean full retail price was $506.70 and the standard deviation was $183.00. Further research suggests that the population mean is $432.14. Does the t-value for the original sample fall between -to.95 and to.95? Assume that the population of full retail prices for cell phones is normally
distributed.
The t-value of t = 1.29 does fall between - t0.95 and to.95 because to.95 = 2.26.
(Round to two decimal places as needed.)
Transcribed Image Text:In a random sample of 10 cell phones, the mean full retail price was $506.70 and the standard deviation was $183.00. Further research suggests that the population mean is $432.14. Does the t-value for the original sample fall between -to.95 and to.95? Assume that the population of full retail prices for cell phones is normally distributed. The t-value of t = 1.29 does fall between - t0.95 and to.95 because to.95 = 2.26. (Round to two decimal places as needed.)
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