The null and alternative hypothesis in symbols would be: | Ho:µ < 69.76 H1:µ > 69.76 Ho:u > 69.76 H1 :µ < 69.76 Ho:p = 69.76 H1:p + 69.76 G0 76

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Suppose that BC financial aid alots a textbook
stipend by claiming that the average textbook at
BC bookstore costs $ 69.76. You want to test this
claim,
The null and alternative hypothesis in symbols
would be:
O Ho: µ < 69.76
H1:µ > 69.76
O Ho: µ 2 69.76
H1:µ < 69.76
O Ho:p = 69.76
H1:p # 69.76
O Ho: µ = 69.76
H1 :µ # 69.76
O Ho:p 2 69.76
H1:p < 69.76
O Ho:p < 69.76
H1:p > 69.76
The null hypothesis in words would be:
O The average price of textbooks in a sample
is $ 69.76
The average price of all textbooks from the
store is $ 69.76
The average of price of all textbooks from
the store is greater than $ 69.76.
O The average of price of all textbooks from
the store is less than $ 69.76.
O The proportion of all textbooks from the
store that are less than 69.76 is equal to
50%
Based on a sample of 100 textbooks at the store,
you find an average of 70.36 and a standard
deviation of 26.8.
The point estimate is:
(to 3 decimals)
The 95 % confidence interval (use z*) is:
to
Transcribed Image Text:Suppose that BC financial aid alots a textbook stipend by claiming that the average textbook at BC bookstore costs $ 69.76. You want to test this claim, The null and alternative hypothesis in symbols would be: O Ho: µ < 69.76 H1:µ > 69.76 O Ho: µ 2 69.76 H1:µ < 69.76 O Ho:p = 69.76 H1:p # 69.76 O Ho: µ = 69.76 H1 :µ # 69.76 O Ho:p 2 69.76 H1:p < 69.76 O Ho:p < 69.76 H1:p > 69.76 The null hypothesis in words would be: O The average price of textbooks in a sample is $ 69.76 The average price of all textbooks from the store is $ 69.76 The average of price of all textbooks from the store is greater than $ 69.76. O The average of price of all textbooks from the store is less than $ 69.76. O The proportion of all textbooks from the store that are less than 69.76 is equal to 50% Based on a sample of 100 textbooks at the store, you find an average of 70.36 and a standard deviation of 26.8. The point estimate is: (to 3 decimals) The 95 % confidence interval (use z*) is: to
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