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T-Distribution 5. Statistical Abstracts (117th edition) reports that the average amount spent annually for food by householders under 25 years of age is $2,690. A random sample of 16 people under 25 years of age who live in a university neighborhood were surveyed. The survey showed that they spent a sample mean amount of $3,220 with sample standard deviation $750. Test the claim that the mean for this neighborhood is different from the national average. Use a 5% significance level. Assume our data is normally distributed. State the null and alternate hypotheses. a. b. C. Would you perform a one-tailed or two-tailed test? Why? State the test statistic and p-value for your test. Round your answers to four decimal places.

T-Distribution 5. Statistical Abstracts (117th edition) reports that the average amount spent annually for food by householders under 25 years of age is $2,690. A random sample of 16 people under 25 years of age who live in a university neighborhood were surveyed. The survey showed that they spent a sample mean amount of $3,220 with sample standard deviation $750. Test the claim that the mean for this neighborhood is different from the national average. Use a 5% significance level. Assume our data is normally distributed. State the null and alternate hypotheses. a. b. C. Would you perform a one-tailed or two-tailed test? Why? State the test statistic and p-value for your test. Round your answers to four decimal places.

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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T-Distribution 5. Statistical Abstracts (117th edition) reports that the average amount spent annually for food by householders under 25 years of age is $2,690. A random sample of 16 people under 25 years of age who live in a university neighborhood were surveyed. The survey showed that they spent a sample mean amount of $3,220 with sample standard deviation $750. Test the claim that the mean for this neighborhood is different from the national average. Use a 5% significance level. Assume our data is normally distributed. State the null and alternate hypotheses. a. b. C. Would you perform a one-tailed or two-tailed test? Why? State the test statistic and p-value for your test. Round your answers to four decimal places.
Transcribed Image Text:T-Distribution 5. Statistical Abstracts (117th edition) reports that the average amount spent annually for food by householders under 25 years of age is $2,690. A random sample of 16 people under 25 years of age who live in a university neighborhood were surveyed. The survey showed that they spent a sample mean amount of $3,220 with sample standard deviation $750. Test the claim that the mean for this neighborhood is different from the national average. Use a 5% significance level. Assume our data is normally distributed. State the null and alternate hypotheses. a. b. C. Would you perform a one-tailed or two-tailed test? Why? State the test statistic and p-value for your test. Round your answers to four decimal places.
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