Question
According to the Bureau of Labor Statistics, the mean amount of money spent by a household on alcohol in the US is $565 per year.
According to the Bureau of Labor Statistics, the mean amount of money spent by a household on alcohol in the US is $565 per year. A church group wants to check this claim and took a random sample of 45 households and found that mean amount spent on alcohol per year was $520 with a standard deviation of $167. Test the church group's claim that the mean amount of money spent on alcohol per year is less than $565. Use the _____________________ method.
Null and Alternative Hypothesis
Test Statistic
P-value/Critical Region
Decision about Null Hypothesis Conclusion
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