Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 12 In the 1irideo game Animal Crossing: New Horizons. you can catch and sell both fish and hugs. Alison learns that bugs sell for

image text in transcribedimage text in transcribed
image text in transcribedimage text in transcribed
QUESTION 12 In the 1irideo game Animal Crossing: New Horizons. you can catch and sell both fish and hugs. Alison learns that bugs sell for a mean of p = 2,219 bells with a standard deviation of o = 3,191 bells (\"bells' is the currency in the game). Alison suspects that fish will sell for more money than bugs will. so she decides to conduct a hypothesis test at the or = I105 level with Hg: [.1 = 2,219 bells H1: [.1 :2 2,219 bells She finds a sample of 49 fish and computes their mean price to be 3,553 hells. a. Determine the standard error to the nearest thousandth. {If = Work: b. Determine the zscore to the nearest hundredth. z = Work: c. Identify the image below that best represents the standard normal curve you drew for this problem. d. State the pvalue. pyalue = Work: e. Fill-in the blanks: We will the null hypothesis because the results statistically significant at the d = level. f. Can you conclude that fish will sell for more money than bugs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

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

Discrete Structures, Logic, And Computability

Authors: James L Hein

3rd Edition

1449615279, 9781449615277

More Books

Students also viewed these Mathematics questions