Based on population figures and other general information on the Canadian population, suppose it has been estimated
Question:
Based on population figures and other general information on the Canadian population, suppose it has been estimated that, on average, a family of four in Canada has about $1,135 annually in dental expenditures. Suppose further that a regional dental association wants to determine if this figure is accurate for its area of the country. To test this, 22 families of four are randomly selected from the population in that area of the country and a log is kept of the family’s dental expenditures for one year. The resulting data are given below. Assuming that dental expenditures are normally distributed in the population, use the data and an α of 0.05 to test the dental association’s hypothesis.
Step by Step Answer:
Business Statistics For Contemporary Decision Making
ISBN: 9781119577621
3rd Canadian Edition
Authors: Ken Black, Ignacio Castillo