ural area is 8290 dollars. You believe this value is is too low, so you sample 15 rural families and find the ollowing costs (in dollars) of raising a child from birth to age 2. he U.S. 286, 8411, 8264, 8418, 8247, 8425, 8319, 8240, 8375, 8461, 8235, 8477, 8313, 8339, 8256 Conduct a hypothesis test based on this sample data, with a = 5%. Answer the question, is the mean cost of aising a child greater than 8290 dollars? a) State the hypotheses: Ho: The population mean cost in dollars of raising a child from birth to age 2 is equal to 8290 o dollars. Symbols: O 4 - 00- u0 0 , - O 8290 H: The population mean cost in dollars of raising a child from birth to age 2 is more than O 8290 o dollars. Symbols: O ,-0 Hp, -PO HzO H0 µ0 H1 - H2 V o 8290 (b) The correct symbol for the mean of the sampling distribution is: O - I2 Ox OPi - P2 P. Op Or (c) The value for the mean of the sampling distribution is: 8.337.7 (d) Choose the correct distribution: T-Distribution O Chi-Square Distribution O Normal Distribution of

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Chapter1: Starting With Matlab
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Can’t figure out part c, and F 2 last blank spaces. Please help me
Why?
O We are provided with i.
O We are not provided with the population standard deviation.
O The size of n< 30.
O We are provided with o for the population.
(e) State the decision rule:
d at a = 5
% if the p-value of the
Reject HO and accept Ha V
sample statistic
is Select an answer
(f) Experiment:
Symbol of the sample statistic:
Op
Op
Or
O - I2
OPi - P2
Value of the sample statistic rounded to 2 decimal places:
P-value of the sample statistic rounded to 4 decimal places:
(g) Conclusion: Reject HO and accept Ha V o at a = 5
(h) Answer the question: Is the mean cost of raising a child greater than 8290 dollars?
O Yes, because the p-value is greater than alpha.
O No, because the p-value is less than alpha.
O Yes, because the p-value is less than alpha.
O No, because p-value is greater than alpha.
Transcribed Image Text:Why? O We are provided with i. O We are not provided with the population standard deviation. O The size of n< 30. O We are provided with o for the population. (e) State the decision rule: d at a = 5 % if the p-value of the Reject HO and accept Ha V sample statistic is Select an answer (f) Experiment: Symbol of the sample statistic: Op Op Or O - I2 OPi - P2 Value of the sample statistic rounded to 2 decimal places: P-value of the sample statistic rounded to 4 decimal places: (g) Conclusion: Reject HO and accept Ha V o at a = 5 (h) Answer the question: Is the mean cost of raising a child greater than 8290 dollars? O Yes, because the p-value is greater than alpha. O No, because the p-value is less than alpha. O Yes, because the p-value is less than alpha. O No, because p-value is greater than alpha.
The U.S. Department of Agr
rural area is 8290 dollars. You believe this value is is too low, so you sample 15 rural families and find the
following costs (in dollars) of raising a child from birth to age 2.
8286, 8411, 8264, 8418, 8247, 8425, 8319, 8240, 8375, 8461, 8235, 8477, 8313, 8339, 8256
Conduct a hypothesis test based on this sample data, with a = 5%. Answer the question, is the mean cost of
raising a child greater than 8290 dollars?
(a) State the hypotheses:
Ho: The population mean
cost in dollars of raising a child from birth to age 2
is equal to
O 8290
VO dollars.
Symbols: O 4 - 0 50 H.
8290
Ha: The population mean
cost in dollars of raising a child from birth to age 2
is more than
8290
of dollars.
Symbols: O ,-2,0 Hp,-P,O H0 H;0 µ0 H1 - Hz >V o
8290
(b) The correct symbol for the mean of the sampling distribution is:
O Hz
Op
OPi - P2
Or
(c) The value for the mean of the sampling distribution is: 8,337.7
(d) Choose the correct distribution:
O T-Distribution
O Chi-Square Distribution
ONormal Distribution
Transcribed Image Text:The U.S. Department of Agr rural area is 8290 dollars. You believe this value is is too low, so you sample 15 rural families and find the following costs (in dollars) of raising a child from birth to age 2. 8286, 8411, 8264, 8418, 8247, 8425, 8319, 8240, 8375, 8461, 8235, 8477, 8313, 8339, 8256 Conduct a hypothesis test based on this sample data, with a = 5%. Answer the question, is the mean cost of raising a child greater than 8290 dollars? (a) State the hypotheses: Ho: The population mean cost in dollars of raising a child from birth to age 2 is equal to O 8290 VO dollars. Symbols: O 4 - 0 50 H. 8290 Ha: The population mean cost in dollars of raising a child from birth to age 2 is more than 8290 of dollars. Symbols: O ,-2,0 Hp,-P,O H0 H;0 µ0 H1 - Hz >V o 8290 (b) The correct symbol for the mean of the sampling distribution is: O Hz Op OPi - P2 Or (c) The value for the mean of the sampling distribution is: 8,337.7 (d) Choose the correct distribution: O T-Distribution O Chi-Square Distribution ONormal Distribution
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