Chapter 10 Homework i Saved 9 The number of "destination weddings" has skyrocketed in recent years. For example, many couples are opting to have their weddings In the Caribbean. A Caribbean vacation resort recently advertised In Bride Magazine that the cost of a Caribbean wedding was less than $30,000. Listed is a total cost in $000 for a sample of eight Caribbean weddings. At the 0.10 significance level, is it reasonable to 10 conclude the mean wedding cost is less than $30,000 as advertised? points 29.1 28.5 28.8 29.4 29.8 29.8 30.1 30.6 Skipped pictureClick here for the Excel Data File a. State the null hypothesis and the alternate hypothesis. Use a 0.10 level of significance. (Enter your answers In thousands of dollars.) Book Print References b. State the decision rule for 0.10 significance level. (Negative amount should be Indicated by a minus sign. Round your answer to 3 decimal places.) Reject Ho ift c. Compute the value of the test statistic. (Negative amount should be Indicated by a minus sign. Round your answer to 3 decimal places.) Value of the test statistic d. What is the conclusion regarding the null hypothesis? Ho- The cost is than $30,000.File Home Insert Page Layout Formulas Data Review View Acrobat Tell me w X Cut Calibri * 12 A A Wrap Text General Be Copy Paste Format Painter BIU . Merge & Center - $ - Clipboard Font Alignment G A1 X V f Cost A B C D E F G Cost 29.1 28.5 28.8 29.4 6 29.8 7 29.8 8 30.1 9 30.6 10 11 12 13 14