The U.S. Department of Agriculture claims that the mean cost of raising a child from birth to age 2 by husband-wife families in the U.S. is $13,340. A random sample of 500 children (age 2) has a mean cost of $13,225 with a standard deviation of $1730. At a= 0.11 is there enough evidence to reject the claim? Use the p-value method. What is the p value?
The U.S. Department of Agriculture claims that the mean cost of raising a child from birth to age 2 by husband-wife families in the U.S. is $13,340. A random sample of 500 children (age 2) has a mean cost of $13,225 with a standard deviation of $1730. At a= 0.11 is there enough evidence to reject the claim? Use the p-value method. What is the p value?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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The U.S. Department of Agriculture claims that the mean cost of raising a child from birth to age 2 by husband-wife families in the U.S. is $13,340. A random sample of 500 children (age 2) has a mean cost of $13,225 with a standard deviation of $1730. At a= 0.11 is there enough evidence to reject the claim? Use the p-value method.
What is the p value?
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