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Household weekly spending at Aldi data collected from 20 families in Sydney had the sample mean $153 with a population standard deviation of $5. Test
Household weekly spending at Aldi data collected from 20 families in Sydney had the sample mean $153 with a population standard deviation of $5. Test the hypothesis that the average weekly spending at Aldi is $150 and finds a p-value of 0.007.
At the 5% significance level, the conclusion of the test will be:
Since p-value > 0.05, do not reject H0
Since p-value > 0.05, reject H0
Since p-value < 0.05, reject H0
Since p-value < 0.05, accept H0
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