In a recent survey, the average amount of moneystudents have in their pockets is $5.40 with a standarddeviation of $1.20. A teacher feels that the averageamount is actually higher. She surveys 80 randomlyselected students and finds the average amount is$5.50. At α = 0.05, test the teacher’s claim that theaverage amount of money is actually higher than $5.40.
In a recent survey, the average amount of moneystudents have in their pockets is $5.40 with a standarddeviation of $1.20. A teacher feels that the averageamount is actually higher. She surveys 80 randomlyselected students and finds the average amount is$5.50. At α = 0.05, test the teacher’s claim that theaverage amount of money is actually higher than $5.40.
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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In a recent survey, the average amount of moneystudents have in their pockets is $5.40 with a standarddeviation of $1.20. A teacher feels that the averageamount is actually higher. She surveys 80 randomlyselected students and finds the average amount is$5.50. At α = 0.05, test the teacher’s claim that theaverage amount of money is actually higher than $5.40.
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