In order to study the amounts owed to a particular city, a city clerk takes a random sample of 16 files from a cabinet containing a large number of delinquent accounts and finds the average amount owed to the city to be $230 with a sample standard deviation of $36. It has been claimed that the true mean amount owed on accounts of this type is less than $250. If it is appropriate to assume that the amount owed is a normally distributed random variable, the p-value appropriate for testing the claim is (D) More information is needed (A) 0.042 (B) 0.979 (C) 0.021

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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3. In order to study the amounts owed to a particular city, a city clerk takes a random sample of 16
files from a cabinet containing a large number of delinquent accounts and finds the
average amount owed to the city to be $230 with a sample standard deviation of $36. It
has been claimed that the true mean amount owed on accounts of this type is less than
$250. If it is appropriate to assume that the amount owed is a normally distributed
random variable, the p-value appropriate for testing the claim is
(A) 0.042
(B) 0.979
(C) 0.021
(D) More information
is needed
Transcribed Image Text:3. In order to study the amounts owed to a particular city, a city clerk takes a random sample of 16 files from a cabinet containing a large number of delinquent accounts and finds the average amount owed to the city to be $230 with a sample standard deviation of $36. It has been claimed that the true mean amount owed on accounts of this type is less than $250. If it is appropriate to assume that the amount owed is a normally distributed random variable, the p-value appropriate for testing the claim is (A) 0.042 (B) 0.979 (C) 0.021 (D) More information is needed
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