it was anticipated that grocery expenditure might decrease. Which hypothesis test would you use to test this claim?
it was anticipated that grocery expenditure might decrease. Which hypothesis test would you use to test this claim?
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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Question
The weekly expenditure on groceries of a random sample of 100 family households was recorded. It was estimated that the mean expenditure was approximately $240. With rising interest rates and petrol prices, it was anticipated that grocery expenditure might decrease. Which hypothesis test would you use to test this claim?
1.One tailed, one sample t-test
2.Two tailed, one sample t-test
3.One tailed, z-test
4.One-tailed Paired Samples t-test
5.Chi Square
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