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Suppose that BE financial aid allots a textbook stipend by claiming that the average textbook at BC bookstore costs 36 39.?3. You want to test
Suppose that BE financial aid allots a textbook stipend by claiming that the average textbook at BC bookstore costs 36 39.?3. You want to test this claim. The null and alternative hypothesis in symbols would be: 0 Hut}: = sails H1:p a 3933 Beam 2 sails H1 .'p: c: 39.3% ClHzp 5 39.?3 H13: 3 BELTS @HUm = 39.?3 H14: s 3933 GHQ-.3 5 89.?3 H14: 2' 39.?3 {1: Hip e 89.?3 H1:p c: 89.?3 '6'", The null hypothesis in words would be: C} The average price of textbooks in a sample is $ BELTS C} The proportion ofall textbooks from the store that are less than 39.?3 is equal to Still: 0 The average of price of all textbooks from the store is less than $ 39.?8. 0 The average of price of all textbooks from the store is greater than $ BELTS. {i} The average price of all textbooks from the store is $ BELTS a" I\" Based on a sample of 3D textbooks at the store. you nd an average of 89.33 and a standard deviation of 13.4. The point estimate is: [to 3 decimals} The '90 ill: decimals] Based on this we: {i} Fail to reject the null hypothesis 0 Reject the null hypothesis a! ""
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