Refer to the Buena School District bus data. a. Select the variable for the number of miles

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Refer to the Buena School District bus data.
a. Select the variable for the number of miles traveled last month. Conduct a test of hypothesis to determine whether the mean number of miles traveled is equal to 840. Use the .01 significance level. Find the p-value and explain what it means.
b. Using the maintenance cost variable, conduct a test of hypothesis to determine whether the mean maintenance cost is less than $500 at the .05 significance level. Determine the pvalue and interpret the result.

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Statistical Techniques In Business And Economics

ISBN: 356

16th Edition

Authors: Douglas Lind, William Marchal

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