Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

8. [1/11 Points] DETAILS PREVIOUS ANSWERS ASWSBE 14 9.E.027. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You may need to use the appropriate appendix table

image text in transcribed
8. [1/11 Points] DETAILS PREVIOUS ANSWERS ASWSBE 14 9.E.027. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You may need to use the appropriate appendix table o According to the Vivino website, suppose the mean price for a bottle of red wine that scores 4.0 or higher on the Viving Rating System Is throughout Providence. The mean and standard deviation for this sample ce, and it has collected prices for $8 randomly es of similar quality from wine stores are $30.15 and $12, respectively. (3) Develop appropriate hypotheses for a test to determine whether the sample data s support the condusion that the mean price in Providence for a bottle of red wine that scores 4.0 or higher on the Viving Rating System is less than the population mean of $12.48. (Enter - for . as needed. H (b) Llaing the sample from the 58 bottles, what is the test Round your answer to three decimal places -1 479 Liking the sample from the SH bottles, what is the p-value? (Round your answer to four decimal places.) p-value - 0.0707 (c) At a - 0.05, what & your condusion? O Reject Hy. We cannot conclude that the price in Pro of red wine that scores 4.0 or higher on the Vivine Rating System is less than the population mean of $32.48. Do not reject Ho. We cannot co a of red wine that scores 4.0 or higher on the Vivino Rating System in less than the population mean of $32.48, Do not reject Ho. We can conclude that the price in Provide nce for a bottle of red wine that scores 4.0 or higher on the Viving Rating System is less than the population mean of $32.48. Reject Hy we can condude that the price in Providence for a bottle of red wine that scores 4.0 or higher on the Vivine Rating System is less than the population mean of $32.48 (0) Repeat the pre State the null and alter 1- for . as need HA H Find the value of the trez wer to three drama places.) State the critical value on rule. Uzz a - D.DS. (Round your and ers to three decimal place, If the test is one-tailed, enter NONE for the unused tall.) state your condunor Reject H Wie cannot candude that the price in Pro her on the Vivino Rating System is less than the population mean of $32,41. O Do not reject Me While cannot condude that the price in Pro res 4.0 or higher on the Vivino Rating System is less than the population mean of $32.48. Do not reged H . Wie can conclude that the price in Prov ores 4.0 or higher on the Vivino Rating System is less than the population mean of $32.4LL O Reject Hy Wie can conduct that the price in Providence for a Bomtie of red wine that scores 4.0 or higher on the Vivirio Rating System is less than the population mean of 437, 48

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_2

Step: 3

blur-text-image_3

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

Differential Equations With Boundary-Value Problems

Authors: Dennis G Zill, Brad Strong, Michael Cullen

7th Edition

1111798524, 9781111798529

More Books

Students also viewed these Mathematics questions

Question

8. What values do you want others to associate you with?

Answered: 1 week ago