A travel analyst says that the mean price of a meal for a family of 4 in
Question:
A travel analyst says that the mean price of a meal for a family of 4 in a resort restaurant is at most $100. A random sample of 33 meal prices for families of 4 has a mean of $110 and a standard deviation of $19. At α = 0.01, is there enough evidence to reject the analyst’s claim?
For each exercise, perform the steps below.
(a) Identify the claim and state H0 and Ha.
(b) Determine whether the hypothesis test is left-tailed, right-tailed, or two-tailed, and whether to use a z-test, a t-test, or a chi-square test. Explain your reasoning.
(c) Choose one of the options.
Option 1: Find the critical value(s), identify the rejection region(s), and find the appropriate standardized test statistic.
Option 2: Find the appropriate standardized test statistic and the P-value.
(d) Decide whether to reject or fail to reject the null hypothesis.
(e) Interpret the decision in the context of the original claim.
Step by Step Answer:
Elementary Statistics Picturing The World
ISBN: 9780134683416
7th Edition
Authors: Ron Larson, Betsy Farber