Suppose that UIC financial aid alots a textbook stipend by claiming that the average textbook at UIC bookstore costs $ 93. You want to test whether the average cost is different from this value. a) The null and alternative hypothesis in symbols would be: O Ho:p = 93 H1:p + 93 O Ho:µ = 93 H1:µ > 93 O Ho:p= 93 H:р> 93 Ο Η : μ 93 H1:µ + 93 O Ho: H = 93 H1:µ < 93 O Ho:p = 93 H1:p < 93 %3D b) The null hypothesis in words would be: The average price of textbooks in a sample is $ 93 The average price of all textbooks from the store is different from $ 93. The average price of all textbooks from the store is less than $ 93. The average price of all textbooks from the store is greater than $ 93. O The average price of all textbooks from the store is $ 93 O The proportion of all textbooks from the store that are less than 93 is equal to 50% c) Based on a sample of 11 textbooks at the store, you find an average of 91.17 and a standard deviation of 15.6. The 97 % confidence interval is: 90.99 < µ < 91.35 Based on the provided interval, we: O Accept the null hypothesis Reject the null hypothesis O Fail to reject the null hypothesis

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
Suppose that UIC financial aid alots a textbook stipend by claiming that the average textbook at UIC
bookstore costs $ 93. You want to test whether the average cost is different from this value.
a) The null and alternative hypothesis in symbols would be:
O Ho:p = 93
H1:p + 93
O Ho:µ = 93
H1:µ > 93
O Ho:p = 93
H:р> 93
Ο Η : μ 93
H1:µ + 93
O Ho: H = 93
H1:µ < 93
O Ho:p = 93
H1:p < 93
%3D
b) The null hypothesis in words would be:
The average price of textbooks in a sample is $ 93
The average price of all textbooks from the store is different from $ 93.
The average price of all textbooks from the store is less than $ 93.
The average price of all textbooks from the store is greater than $ 93.
O The average price of all textbooks from the store is $ 93
O The proportion of all textbooks from the store that are less than 93 is equal to 50%
c) Based on a sample of 11 textbooks at the store, you find an average of 91.17 and a standard deviation of
15.6.
The 97 % confidence interval is: 90.99 < µ < 91.35
Based on the provided interval, we:
O Accept the null hypothesis
Reject the null hypothesis
O Fail to reject the null hypothesis
Transcribed Image Text:Suppose that UIC financial aid alots a textbook stipend by claiming that the average textbook at UIC bookstore costs $ 93. You want to test whether the average cost is different from this value. a) The null and alternative hypothesis in symbols would be: O Ho:p = 93 H1:p + 93 O Ho:µ = 93 H1:µ > 93 O Ho:p = 93 H:р> 93 Ο Η : μ 93 H1:µ + 93 O Ho: H = 93 H1:µ < 93 O Ho:p = 93 H1:p < 93 %3D b) The null hypothesis in words would be: The average price of textbooks in a sample is $ 93 The average price of all textbooks from the store is different from $ 93. The average price of all textbooks from the store is less than $ 93. The average price of all textbooks from the store is greater than $ 93. O The average price of all textbooks from the store is $ 93 O The proportion of all textbooks from the store that are less than 93 is equal to 50% c) Based on a sample of 11 textbooks at the store, you find an average of 91.17 and a standard deviation of 15.6. The 97 % confidence interval is: 90.99 < µ < 91.35 Based on the provided interval, we: O Accept the null hypothesis Reject the null hypothesis O Fail to reject the null hypothesis
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

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