The average monthly cell phone bill was reported to be $50.07 by the U.S. Wireless Industry. Random Sampling of a large cell phone company found the following monthly cell phone charges (in dollars): 55.45 44.99 62.99 70.63 60.01 54.54 48.91 50.49 58.61 51.97 At the 0.01 level of significance, can it be concluded that the average phone bill has changed?
The average monthly cell phone bill was reported to be $50.07 by the U.S. Wireless Industry.
Random Sampling of a large cell phone company found the following monthly cell phone charges (in dollars):
55.45 44.99 62.99 70.63
60.01 54.54 48.91 50.49
58.61 51.97
At the 0.01 level of significance, can it be concluded that the average phone bill has changed?
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In this case, p-value is greater. So null hypothesis should not be rejected, correct?
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