QUESTION 12 A survey claims that the average cost of a hotel room in Abu Dhabi is less than AED 950. A random sample of 80 hotel rooms has an average cost of AED 925 and a sample standard deviation of AED 84. What is the corresponding p-value of the test?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
QUESTION 12
A survey claims that the average cost of a hotel room in Abu Dhabi is less than AED 950. A random sample of 80 hotel rooms has an average cost of
AED 925 and a sample standard deviation of AED 84. What is the corresponding p-value of the test?
Transcribed Image Text:QUESTION 12 A survey claims that the average cost of a hotel room in Abu Dhabi is less than AED 950. A random sample of 80 hotel rooms has an average cost of AED 925 and a sample standard deviation of AED 84. What is the corresponding p-value of the test?
QUESTION 14
Find the p-value for a left tailed test, if t-stat = -1.73 and the sample size n= 10.
Transcribed Image Text:QUESTION 14 Find the p-value for a left tailed test, if t-stat = -1.73 and the sample size n= 10.
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman