It is reported in USA Today that the average flight cost nationwide is $595.711. Youhave never paid close to that amount and you want to perform a hypothesis test thatthe true average is actually greater than $595.711. The hypotheses for this situationare as follows: Null Hypothesis: µ < 595.711, Alternative Hypothesis: µ > 595.711. Arandom sample of 30 flights shows an average cost of $584.559 with a standarddeviation of $59.3656. What is the test statistic and p-value for this test?1) Test Statistic: 1.029, P-Value: 0.1562) Test Statistic: -1.029, P-Value: 0.8443)Test Statistic: -1.029, P-Value: 0.1564) Test Statistic: -1.029, P-Value: 1.6885) Test Statistic: 1.029, P-Value: 0.844

Answered: It is reported in USA Today that the…

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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