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It is reported in USA Today that the average flight cost nationwide is $657.422. You have never paid close to that amount and you want
It is reported in USA Today that the average flight cost nationwide is $657.422. You have never paid close to that amount and you want to perform a hypothesis test that the true average is actually different from $657.422. The hypotheses for this situation are as follows: Null Hypothesis: H = 657.422, Alternative Hypothesis: M # 657.422. A random sample of 33 flights shows an average cost of $636.517 with a standard deviation of $70.6257. What is the test statistic and p-value for this test? 1) Test Statistic: -1.7, P-Value: 0.0988 O 2) Test Statistic: -1.7, P-Value: 1.9506 ( 3) Test Statistic: 1.7, P-Value: 0.0988 ( 4) Test Statistic: -1.7, P-Value: 0.0494 (5) Test Statistic: -1.7, P-Value: 0.9506
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