Retail milk price report. Refer to the US Department of Agriculture's monthly Retail Milk Prices Report, intro- duced in Exercise 6.29 (p. 328). The December 2019 prices (dollars per gallon) for conventional whole milk for a sample of 10 US cities are reproduced in the accompany- ing table. Suppose a dairy farmer believes that true mean December 2019 retail whole milk price for all US cities exceeds $3.30. US City Atlanta, GA Boston, MA Cincinnati, OH Dallas, TX Detroit, MI Miami, FL New Orleans, LA Pittsburgh, PA Syracuse, NY Washington, DC Price ($/gallon) 3.72 3.32 3.09 2.59 2.72 4.02 3.95 4.34 3.45 3.82 a. Set up the null and alternative hypotheses for testing the dairy farmer's claim. b. Compute the test statistic. e. Give the rejection region for the test. d. Make the appropriate conclusion using a = .01. e. In the context of the problem, interpret the value a = .01. f. A Minitab printout giving the test results is shown on the next page. Find and interpret the p-value of the test. What conditions must be satisfied for inferences de- rived from the test to be valid?
Retail milk price report. Refer to the US Department of Agriculture's monthly Retail Milk Prices Report, intro- duced in Exercise 6.29 (p. 328). The December 2019 prices (dollars per gallon) for conventional whole milk for a sample of 10 US cities are reproduced in the accompany- ing table. Suppose a dairy farmer believes that true mean December 2019 retail whole milk price for all US cities exceeds $3.30. US City Atlanta, GA Boston, MA Cincinnati, OH Dallas, TX Detroit, MI Miami, FL New Orleans, LA Pittsburgh, PA Syracuse, NY Washington, DC Price ($/gallon) 3.72 3.32 3.09 2.59 2.72 4.02 3.95 4.34 3.45 3.82 a. Set up the null and alternative hypotheses for testing the dairy farmer's claim. b. Compute the test statistic. e. Give the rejection region for the test. d. Make the appropriate conclusion using a = .01. e. In the context of the problem, interpret the value a = .01. f. A Minitab printout giving the test results is shown on the next page. Find and interpret the p-value of the test. What conditions must be satisfied for inferences de- rived from the test to be valid?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![7.52 Retail milk price report. Refer to the US Department of
Agriculture's monthly Retail Milk Prices Report, intro-
duced in Exercise 6.29 (p. 328). The December 2019 prices
(dollars per gallon) for conventional whole milk for a
sample of 10 US cities are reproduced in the accompany-
ing table. Suppose a dairy farmer believes that true mean
December 2019 retail whole milk price for all US cities
exceeds $3.30.
all
RMPR
US City
Atlanta, GA
Boston, MA
Cincinnati, OH
Dallas, TX
Detroit, MI
Miami, FL
New Orleans, LA
Pittsburgh, PA
Syracuse, NY
Washington, DC
Price ($/gallon)
3.72
3.32
3.09
2.59
2.72
4.02
3.95
4.34
3.45
3.82
a. Set up the null and alternative hypotheses for testing
the dairy farmer's claim.
b. Compute the test statistic.
c. Give the rejection region for the test.
d. Make the appropriate conclusion using a = .01.
e. In the context of the problem, interpret the value
a = .01.
f. A Minitab printout giving the test results is shown on the
next page. Find and interpret the p-value of the test.
g. What conditions must be satisfied for inferences de-
rived from the test to be valid?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F99d6c510-5b8c-4c17-ac3a-87bddda960ff%2Fec4678bf-fe7b-41f2-9d92-e25e677d8637%2Fp3c5nfh_processed.png&w=3840&q=75)
Transcribed Image Text:7.52 Retail milk price report. Refer to the US Department of
Agriculture's monthly Retail Milk Prices Report, intro-
duced in Exercise 6.29 (p. 328). The December 2019 prices
(dollars per gallon) for conventional whole milk for a
sample of 10 US cities are reproduced in the accompany-
ing table. Suppose a dairy farmer believes that true mean
December 2019 retail whole milk price for all US cities
exceeds $3.30.
all
RMPR
US City
Atlanta, GA
Boston, MA
Cincinnati, OH
Dallas, TX
Detroit, MI
Miami, FL
New Orleans, LA
Pittsburgh, PA
Syracuse, NY
Washington, DC
Price ($/gallon)
3.72
3.32
3.09
2.59
2.72
4.02
3.95
4.34
3.45
3.82
a. Set up the null and alternative hypotheses for testing
the dairy farmer's claim.
b. Compute the test statistic.
c. Give the rejection region for the test.
d. Make the appropriate conclusion using a = .01.
e. In the context of the problem, interpret the value
a = .01.
f. A Minitab printout giving the test results is shown on the
next page. Find and interpret the p-value of the test.
g. What conditions must be satisfied for inferences de-
rived from the test to be valid?
![Minitab - Untitled
File Edit
广日
Navigator
Data Calc Stat Graph View Help Assistant Predictive Analytics Module Additional Tools
४० डल
में
0? fx FARVAL
↓
1
2
3
+5600
4
7
8
C1-T
US City
Pittsburgh, PA
9
Syracuse, NY
10 Washington, DC
11
12
13
14
15
Atlanta, GA
Boston, MA
Cincinnati, OH
Dallas, TX
Detroit, MI
Miami, FL
New Orleans, LA
C2
Price ($/gallon)
EK ▷ ▶ + RMPR.mwx
3.72
3.32
3.09
2.59
2.72
4.02
3.95
4.34
3,45
3.82
C3
C4
Minitab
C5
Open Ctrl+O
New Project
New Worksheet
C6
C7
Ctrl+Shift+N
Ctrl+N
◄
C8
C9
C10
C11
C12
C13
C14
C15](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F99d6c510-5b8c-4c17-ac3a-87bddda960ff%2Fec4678bf-fe7b-41f2-9d92-e25e677d8637%2Fjoshxjt_processed.png&w=3840&q=75)
Transcribed Image Text:Minitab - Untitled
File Edit
广日
Navigator
Data Calc Stat Graph View Help Assistant Predictive Analytics Module Additional Tools
४० डल
में
0? fx FARVAL
↓
1
2
3
+5600
4
7
8
C1-T
US City
Pittsburgh, PA
9
Syracuse, NY
10 Washington, DC
11
12
13
14
15
Atlanta, GA
Boston, MA
Cincinnati, OH
Dallas, TX
Detroit, MI
Miami, FL
New Orleans, LA
C2
Price ($/gallon)
EK ▷ ▶ + RMPR.mwx
3.72
3.32
3.09
2.59
2.72
4.02
3.95
4.34
3,45
3.82
C3
C4
Minitab
C5
Open Ctrl+O
New Project
New Worksheet
C6
C7
Ctrl+Shift+N
Ctrl+N
◄
C8
C9
C10
C11
C12
C13
C14
C15
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