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(Solved): = = = Mergea Center 9 9 Condtional Formats Cell Formatting Table Styles Insert Delete Format Clipboa...
full set of values:
Spending |
511.43 |
514.46 |
593.18 |
606.56 |
601.18 |
501.46 |
617.36 |
565.70 |
608.90 |
608.48 |
682.53 |
439.75 |
604.74 |
572.61 |
473.80 |
494.59 |
581.68 |
515.76 |
669.93 |
713.94 |
595.52 |
565.58 |
599.76 |
594.19 |
611.57 |
495.01 |
671.35 |
620.15 |
675.57 |
607.97 |
453.01 |
566.89 |
655.75 |
612.52 |
516.03 |
648.61 |
558.80 |
583.65 |
499.90 |
627.31 |
= = = Mergea Center 9 9 Condtional Formats Cell Formatting Table Styles Insert Delete format Clipboard Q - Select Font - Alignment Wumber toung G H NO 3 Example 2: Back to School Spending A trade group claims that the average back-to-school spending is 5606.40 per family. A research analysts questions this claim and believes that the average spending is significantly different from $606 40. She collects a random sample of 40 families. Carry out a hypothesis test of the mean using the four-step procedure. Set alpha to 0.05. 7 1. Hypotheses TextBox1 - x 4 AB 1 Spending 2 511.43 514.46 593.18 606.56 601.18 xbar 501.46 SD_sample 8 617.36 SE_sample 9 565.70 608.90 test statistic 608.48 682.53 P-value 439.75 604.74 alpha 15 572.61 16 473.80 17 494.59 18 581.68 10 2. Model and Test Statistic Find test statistic in DIO. 14 3. Find p-value Find test statistic in D12. 4. Conclusions and Decisions DAN ACA2
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