Suppose that BC financial aid alots a textbook stipend by claiming that the average textbook at BC bookstore costs $ 58.84. You want to test this claim. The null and alternative hypothesis in symbols would be: O Ho:p < 58.84 H1:p > 58.84 Ho:H = 58.84 H1:µ + 58.84 O Ho:p = 58.84 H1:p+ 58.84 %3D O Ho:p 2 58.84 H1:p < 58.84 O Ho: µ < 58.84 H1:µ > 58.84 O Ho: µ 2 58.84 H1:µ < 58.84 The null hypothesis in words would be: O The average of price of all textbooks from the store is less than $ 58.84. O The average price of all textbooks from the store is $ 58.84 O The proportion of all textbooks from the store that are less than 58.84 is equal to 50% O The average price of textbooks in a sample is $ 58.84 The average of price of all textbooks from the store is greater than $ 58.84.

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10:00 PM Sat May 7
* 35%
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Suppose that BC financial aid alots a textbook stipend by claiming that the average textbook at BC
bookstore costs $ 58.84. You want to test this claim.
The null and alternative hypothesis in symbols would be:
O Ho:p < 58.84
H:p > 58.84
O Ho:H = 58.84
H1:µ # 58.84
%3D
d:°HO
H1:p # 58.84
O Ho:p = 58.84
%3D
O Ho:p > 58.84
H1:p < 58.84
O Ho:µ < 58.84
H1:µ > 58.84
O Ho: µ 2 58.84
H1:p < 58.84
The null hypothesis in words would be:
O The average of price of all textbooks from the store is less than $ 58.84.
O The average price of all textbooks from the store is $ 58.84
O The proportion of all textbooks from the store that are less than 58.84 is equal to 50%
O The average price of textbooks in a sample is $ 58.84
O The average of price of all textbooks from the store is greater than $ 58.84.
Based on a sample of 170 textbooks at the store, you find an average of 73.64 and a standard deviation
of 10.
Transcribed Image Text:10:00 PM Sat May 7 * 35% myopenmath.com Suppose that BC financial aid alots a textbook stipend by claiming that the average textbook at BC bookstore costs $ 58.84. You want to test this claim. The null and alternative hypothesis in symbols would be: O Ho:p < 58.84 H:p > 58.84 O Ho:H = 58.84 H1:µ # 58.84 %3D d:°HO H1:p # 58.84 O Ho:p = 58.84 %3D O Ho:p > 58.84 H1:p < 58.84 O Ho:µ < 58.84 H1:µ > 58.84 O Ho: µ 2 58.84 H1:p < 58.84 The null hypothesis in words would be: O The average of price of all textbooks from the store is less than $ 58.84. O The average price of all textbooks from the store is $ 58.84 O The proportion of all textbooks from the store that are less than 58.84 is equal to 50% O The average price of textbooks in a sample is $ 58.84 O The average of price of all textbooks from the store is greater than $ 58.84. Based on a sample of 170 textbooks at the store, you find an average of 73.64 and a standard deviation of 10.
10:00 PM Sat May 7
* 35°
myopenmath.com
Based on a sample of 170 textbooks at the store, you find an average of 73.64 and a standard deviation
of 10.
The point estimate is:
(to 3 decimals)
The 90 % confidence interval (use z*) is:
to
(to 3
decimals)
Based on this we:
O Reject the null hypothesis
O Fail to reject the null hypothesis
Question Help: Message instructor
D Post to forum
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Transcribed Image Text:10:00 PM Sat May 7 * 35° myopenmath.com Based on a sample of 170 textbooks at the store, you find an average of 73.64 and a standard deviation of 10. The point estimate is: (to 3 decimals) The 90 % confidence interval (use z*) is: to (to 3 decimals) Based on this we: O Reject the null hypothesis O Fail to reject the null hypothesis Question Help: Message instructor D Post to forum Submit Question Jump to Answer
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