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Medicare would like to test the hypothesis that the average monthly rate for one-bedroom assisted-living facility is equal to $3,300. A random sample of 12
Medicare would like to test the hypothesis that the average monthly rate for one-bedroom assisted-living facility is equal to $3,300. A random sample of 12 assisted-living facilities had an average rate of $3,690 per month. The standard deviation for this sample was $530. Medicare would like to set = 0.05. The critical sample means for this hypothesis test would be ________.
Question 9 options:
$2,519.7, $4,080.3
$2,688.0, $3,912.0
$2,841.0, $3,759.0
$2,963.2, $3,636.8
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