Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

It is claimed that the average weekly food expenditure of families with 2 children is $95. A random sample of 100 such families is taken

It is claimed that the average weekly food expenditure of families with 2 children is $95. A random sample of 100 such families is taken to test this claim. The families in the sample have a mean expenditure of $92.80, with a standard deviation of $10.30. (i) Formulate the appropriate null and alternative hypotheses [0.5 marks] (ii) Write down the appropriate test statistic and test at the 0.05 and 0.01 levels of significance whether this evidence contradicts the claim. [0.5 marks]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Fundamentals Of Human Resource Management Functions Applications And Skill Development

Authors: Robert N. Lussier, John R. Hendon

2nd Edition

1544324480, 978-1544324487

Students also viewed these Mathematics questions