The mean cost of the ingredients of a chicken parmesan meal bought at the grocery store is $15. Prices from a sample of 50 restaurants for a comparable meal is shown in spreadsheet PRICES (Sample size of 50 prices, average of $13.1672). At an alpha level of .05, can we say that eating chicken parmesan at a restaurant is cheaper? Formulate your hypotheses and solve the problem.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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The mean cost of the ingredients of a chicken
parmesan meal bought at the grocery store is
$15. Prices from a sample of 50 restaurants for a
comparable meal is shown in spreadsheet
PRICES (Sample size of 50 prices, average of
$13.1672). At an alpha level of .05, can we say
that eating chicken parmesan at a restaurant is
cheaper? Formulate your hypotheses and solve
the problem.
Transcribed Image Text:The mean cost of the ingredients of a chicken parmesan meal bought at the grocery store is $15. Prices from a sample of 50 restaurants for a comparable meal is shown in spreadsheet PRICES (Sample size of 50 prices, average of $13.1672). At an alpha level of .05, can we say that eating chicken parmesan at a restaurant is cheaper? Formulate your hypotheses and solve the problem.
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