Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

33 1 point A few years ago the average age of online consumers was 24.5 years. A random sample of 50 individuals who made an

image text in transcribed

image text in transcribed
33 1 point A few years ago the average age of online consumers was 24.5 years. A random sample of 50 individuals who made an online purchase in 2018 found a mean age of 23.3 years with a standard deviation of 4.1 years. Is there sufficient evidence to show that the mean age of online consumers has decreased? Identify the appropriate null and alternative hypotheses. O Ho : ( = 24.5, Ha : [ > 24.5 Ho : H = 24.5, Ha : H 23.3 O Ho : H = 23.3, Ha : H

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Algebra And Number Theory An Integrated Approach

Authors: Martyn R Dixon, Leonid A Kurdachenko, Igor Ya Subbotin

1st Edition

0470640537, 9780470640531

More Books

Students also viewed these Mathematics questions

Question

1. What factors lead to criminal behaviour?

Answered: 1 week ago

Question

Subjective norms, i.e. the norms of the target group

Answered: 1 week ago

Question

The relevance of the information to the interpreter

Answered: 1 week ago