The average cost for teeth straightening with metal braces is approximately $5421. A nationwide franchise thinks that its cost is below that figure. A random sample of 28 patients across the country had an average cost of $5346 with a standard deviation of $630. At α=0.10, can it be concluded that the mean is less than $5421? Assume that the population is approximately normally distributed. State the claim and identify the hypothesis. Tell whether it is a one tailed or two tailed test.
The average cost for teeth straightening with metal braces is approximately $5421. A nationwide franchise thinks that its cost is below that figure. A random sample of 28 patients across the country had an average cost of $5346 with a standard deviation of $630. At α=0.10, can it be concluded that the mean is less than $5421? Assume that the population is approximately normally distributed. State the claim and identify the hypothesis. Tell whether it is a one tailed or two tailed test.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Problem 1P
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The average cost for teeth straightening with metal braces is approximately $5421. A nationwide franchise thinks that its cost is below that figure. A random sample of 28 patients across the country had an average cost of $5346 with a standard deviation of $630. At α=0.10, can it be concluded that the mean is less than $5421? Assume that the population is approximately
- State the claim and identify the hypothesis. Tell whether it is a one tailed or two tailed test.
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