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1.Below are the prices per gallon of gas from a random sample of gas stations in Columbia in 2012. A reporter hypothesizes that the mean
1.Below are the prices per gallon of gas from a random sample of gas stations in Columbia in 2012. A reporter hypothesizes that the mean gas rates in Columbia in 2012 rose above the mean price of $3.57 the previous year (2011). Show the calculations
3.483.513.523.533.543.553.563.573.593.613.623.633.653.663.673.69 3.75
- which test to use one tailed or two tailed? Give reason.
- State the null and alternative hypothesis.
- State the p-value and interpret.
- Calculate a 95% confidence interval and interpret.
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