Question
The cost of a wedding has skyrocketed in recent years. As a result, many couples are opting to have their weddings in the Caribbean. A
The cost of a wedding has skyrocketed in recent years. As a result, many couples are opting to have their weddings in the Caribbean. A Caribbean vacation resort recently advertised that the cost of a Caribbean wedding was less than $10 000. Listed below is the total cost (in $ thousands) for a sample of eight Caribbean weddings:
$10.0$9.8$9.1$9.4$9.6$10.5$10.8$10.7
a.State the null hypothesis and the alternate hypothesis.(Enter the final answers in thousands of dollars.)
H0:
H1: <
b.State the decision rule for 0.10 significance level.(Negative answer should be indicated by a minus sign. Round the final answer to 3 decimal places.)
RejectH0ift<.
c.Compute the value of the test statistic.(Negative answer should be indicated by a minus sign. Round the final answer to 3 decimal places.)
Value of the test statistic
d.At the 0.10 significance level, is it reasonable to conclude the mean wedding cost is less than $10,000 as advertised?
(Click to select)
Reject
Do not reject
H0. There is
(Click to select)
enough
not enough
evidence to conclude that the cost is less than $10,000.
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