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< A marketing researcher wants to estimate the mean amount spent per year(s) on a web site by membership member shoppers. Suppose membership member shoppers who recently made a purchase on the web site yielded a mean amount spent of $58 and a standard deviation of $53. C (a) and (b) below. (Type an integer or a decimal. Round to two decimal places as needed. Use a comma to separate answers as needed.) Determine the test statistic. The test statistic, tSTAT, is (Type an integer or a decimal. Round to two decimal places as needed.) State the conclusion. CHEERHED evidence that the population mean spent by membership member customers is different from $53. Ho. There is b. Determine the p-value and interpret its meaning. The p-value is as needed.)

< A marketing researcher wants to estimate the mean amount spent per year(s) on a web site by membership member shoppers. Suppose membership member shoppers who recently made a purchase on the web site yielded a mean amount spent of $58 and a standard deviation of $53. C (a) and (b) below. (Type an integer or a decimal. Round to two decimal places as needed. Use a comma to separate answers as needed.) Determine the test statistic. The test statistic, tSTAT, is (Type an integer or a decimal. Round to two decimal places as needed.) State the conclusion. CHEERHED evidence that the population mean spent by membership member customers is different from $53. Ho. There is b. Determine the p-value and interpret its meaning. The p-value is as needed.)

MATLAB: An Introduction with Applications
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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K A marketing researcher wants to estimate the mean amount spent per year ($) on a web site by membership member shoppers. Suppose a random sample of 130 membership member shoppers who recently made a purchase on the web site yielded a mean amount spent of $58 and a standard deviation of $53. Complete parts (a) and (b) below. e here to search (Type an integer or a decimal. Round to two decimal places as needed. Use a comma to separate answers as needed.) Determine the test statistic. The test statistic, tSTAT, is (Type an integer or a decimal. Round to two decimal places as needed.) State the conclusion. O t Ho. There is b. Determine the p-value and interpret its meaning. The p-value is (Type an integer or a decimal. Round to three decimal places as needed.) Interpret the meaning of the p-value. Select the correct answer below. f5 C evidence that the population mean spent by membership member customers is different from $53. f6 O f7 h T & fg ОС fg f10 ► 11 112 insert prt sc 4 backspace
Transcribed Image Text:K A marketing researcher wants to estimate the mean amount spent per year ($) on a web site by membership member shoppers. Suppose a random sample of 130 membership member shoppers who recently made a purchase on the web site yielded a mean amount spent of $58 and a standard deviation of $53. Complete parts (a) and (b) below. e here to search (Type an integer or a decimal. Round to two decimal places as needed. Use a comma to separate answers as needed.) Determine the test statistic. The test statistic, tSTAT, is (Type an integer or a decimal. Round to two decimal places as needed.) State the conclusion. O t Ho. There is b. Determine the p-value and interpret its meaning. The p-value is (Type an integer or a decimal. Round to three decimal places as needed.) Interpret the meaning of the p-value. Select the correct answer below. f5 C evidence that the population mean spent by membership member customers is different from $53. f6 O f7 h T & fg ОС fg f10 ► 11 112 insert prt sc 4 backspace
A marketing researcher wants to estimate the mean amount spent per year ($) on a web site by membership member shoppers. Suppose a random sample of 130 membership member shoppers who recently made a purchase on the web site yielded a mean amount spent of $58 and a standard deviation of $53. Complete parts (a) and (b) below. search Ho. There is b. Determine the p-value and interpret its meaning. The p-value is (Type an integer or a decimal. Round to three decimal places as needed.) Interpret the meaning of the p-value. Select the correct answer below. evidence that the population mean spent by membership member customers is different from $53. s ○ 발 Et OA. The p-value is the probability of obtaining a sample mean that is equal to or more extreme than $5 away from $53 if the null hypothesis is true. OB. The p-value is the probability of not rejecting the null hypothesis when it is false. OC. The p-value is the probability of obtaining a sample mean that is equal to or more extreme than $5 below $53 if the null hypothesis is false. OD. The p-value is the probability of obtaining a sample mean that is equal to or more extreme than $5 above $53 if the null hypothesis is false. C 0 UL. bp fg fg f10 112 insert prt sc 3
Transcribed Image Text:A marketing researcher wants to estimate the mean amount spent per year ($) on a web site by membership member shoppers. Suppose a random sample of 130 membership member shoppers who recently made a purchase on the web site yielded a mean amount spent of $58 and a standard deviation of $53. Complete parts (a) and (b) below. search Ho. There is b. Determine the p-value and interpret its meaning. The p-value is (Type an integer or a decimal. Round to three decimal places as needed.) Interpret the meaning of the p-value. Select the correct answer below. evidence that the population mean spent by membership member customers is different from $53. s ○ 발 Et OA. The p-value is the probability of obtaining a sample mean that is equal to or more extreme than $5 away from $53 if the null hypothesis is true. OB. The p-value is the probability of not rejecting the null hypothesis when it is false. OC. The p-value is the probability of obtaining a sample mean that is equal to or more extreme than $5 below $53 if the null hypothesis is false. OD. The p-value is the probability of obtaining a sample mean that is equal to or more extreme than $5 above $53 if the null hypothesis is false. C 0 UL. bp fg fg f10 112 insert prt sc 3
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