You are conducting a study to test a claim that the mean income of regular Disney visitors is significantly less than $85,000. A random sample of 119 regular Disney visitors had a mean income of $82,148. Do the sample data provide convincing evidence to support the claim? Assume o is known to be $11,000. Conduct a hypothesis test using a 10% level of significance. Give numeric answers to at least 2 decimal places. What are the correct hypotheses? (Select the correct symbols and values.) Ho: Select an answer? H₁: Select an answer? Based on the hypotheses, find the following: Test Statistic = Critical-value The correct decision is to Select an answer The correct conclusion would be: Select an answer that the mean Income of regular Disney visitors is significantly less than $85,000

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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You are conducting a study to test a claim that the mean income
of regular Disney visitors is significantly less than $85,000. A
random sample of 119 regular Disney visitors had a mean income
of $82,148. Do the sample data provide convincing evidence to
support the claim? Assume o is known to be $11,000. Conduct a
hypothesis test using a 10% level of significance. Give numeric
answers to at least 2 decimal places.
What are the correct hypotheses? (Select the correct symbols and
values.)
Ho: Select an answer
H₁: Select an answer?
Based on the hypotheses, find the following:
Test Statistic
2V
Critical-value A
The correct decision is to Select an answer
The correct conclusion would be:
Select an answer
that the mean
Income of regular Disney visitors is significantly less than $85,000
Transcribed Image Text:You are conducting a study to test a claim that the mean income of regular Disney visitors is significantly less than $85,000. A random sample of 119 regular Disney visitors had a mean income of $82,148. Do the sample data provide convincing evidence to support the claim? Assume o is known to be $11,000. Conduct a hypothesis test using a 10% level of significance. Give numeric answers to at least 2 decimal places. What are the correct hypotheses? (Select the correct symbols and values.) Ho: Select an answer H₁: Select an answer? Based on the hypotheses, find the following: Test Statistic 2V Critical-value A The correct decision is to Select an answer The correct conclusion would be: Select an answer that the mean Income of regular Disney visitors is significantly less than $85,000
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