Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

At the time she was hired as a server at the Grumney Family Restaurant, Beth Brigden was told, You can average $74 a day in

At the time she was hired as a server at the Grumney Family Restaurant, Beth Brigden was told, You can average $74 a day in tips. Assume the population of daily tips is normally distributed with a standard deviation of $4.04. Over the first 36 days she was employed at the restaurant, the mean daily amount of her tips was $75.04. At the 0.02 significance level, can Ms. Brigden conclude that her daily tips average more than $74?

a. State the null hypothesis and the alternate hypothesis.
H0: 74 ;H1: > 74
H0: >74 ;H1: = 74
H0: 74 ;H1: < 74
H0: = 74 ;H1: 74

b. State the decision rule.
RejectH1if z < 2.05
RejectH0if z > 2.05
RejectH1if z > 2.05
RejectH0if z < 2.05

c. Compute the value of the test statistic.(Round your answer to 2 decimal places.)

Value of the test statistic

d. What is your decision regardingH0?
Do not rejectH0
RejectH0

e. What is thep-value?(Round your answer to 4 decimal places.)

p-value

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

Elementary Statisitcs

Authors: Barry Monk

2nd edition

1259345297, 978-0077836351, 77836359, 978-1259295911, 1259295915, 978-1259292484, 1259292487, 978-1259345296

More Books

Students also viewed these Mathematics questions