Question
Average SHS annual cost of tuition fee for all private school last year was P46, 300. A random sample of costs this year for 45
Average SHS annual cost of tuition fee for all private school last year was P46, 300. A random sample of costs this year for 45 private schools indicated that the sample mean was P47,800 and a sample SD was P5,600. at 0.10 level of significance, is there a sufficient evidence to conclude that the cost increase?
a. What test statistics is applicable based on the given problem?
b. What is the null hypothesis?
c. What is the alternative hypothesis?
d. critical value?
e. z computed
f. Decision Rule: (reject the null hypothesis OR failed to reject null hypothesis)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started