Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A study performed in a large southern town to determine whether the average amount spent on food per four-person family in the town is significantly

A study performed in a large southern town to determine whether the average amount spent on food per four-person family in the town is significantly different from the national average. A random sample of 49 four-person families resulted in an average grocery bill of $159.33 with a standard deviation of $23.94. Assume the national average amount spent on food for a four person family is $155.

a. Identify the null and alternative hypothesis for this situation.

b. What is the p-value for the test? At what significance level can you reject the null hypothesis?

c. For which values of the sample mean (i.e., average weekly grocery bill) would you reject the null hypothesis at the 2% significance level? For which values of the sample mean would you reject the null hypothesis at the 8% level?

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

Calculus

Authors: Howard Anton, Irl C Bivens, Stephen Davis

10th Edition

1118404009, 9781118404003

More Books

Students also viewed these Mathematics questions