Question
Please answer all of the questions and show all calculations. Suppose it is up to you to determine if a certain state receives significantly more
Please answer all of the questions and show all calculations.
Suppose it is up to you to determine if a certain state receives significantly more public school funding (per student) than the USA (population) average. You know that the USA mean public school yearly funding is $6300 per student per year, with a standard deviation of $400.
Next suppose you collect a sample (n = 100) and determine that the sample mean for Maryland (per student per year) is $8801. Does the state of Maryland get significantly more funding for public school education (per student per year)?
Set a = 0.05 and run the appropriate hypothesis test(s).
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