Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Correct A wedding website states that the average cost of a wedding is $28,496. One concerned bride hopes that the average is less than reported.

image text in transcribed
Correct A wedding website states that the average cost of a wedding is $28,496. One concerned bride hopes that the average is less than reported. To see if her hope is correct, she surveys 37 recently married couples and finds that the average cost of weddings in the sample was $26,599. Assuming that the population standard deviation is $7968, is there sufficient evidence to support the bride's hope at the 0. 10 level of significance? Step 3 of 3 : Draw a conclusion and interpret the decision. Answer Tables Keypad Keyboard Shortcuts We fail to reject the null hypothesis and conclude that there is sufficient evidence at a 0. 10 level of significance to support the bride's hope that the mean cost of a wedding is less than $28,496. O We reject the null hypothesis and conclude that there is sufficient evidence at a 0.10 level of significance to support the bride's hope that the mean cost of a wedding is less than $28,496. O We fail to reject the null hypothesis and conclude that there is insufficient evidence at a 0. 10 level of significance to support the bride's hope that the mean cost of a wedding is less than $28,496. - incufficiant aidanen- Submit

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

Oscillations In Nonlinear Systems

Authors: Jack K Hale

1st Edition

0486803260, 9780486803265

More Books

Students also viewed these Mathematics questions

Question

What opportunities exist for raises and advancement?

Answered: 1 week ago

Question

How appropriate would it be to conduct additional research?

Answered: 1 week ago

Question

Who are credible sources and opinion leaders for this public?

Answered: 1 week ago

Question

How does or how might your organization affect this public?

Answered: 1 week ago