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To determine if this is true, a random sample of 36 consumers showed that in a year they spent a sample mean x = $209
To determine if this is true, a random sample of 36 consumers showed that in a year they spent a sample mean x = $209 with sample standard deviation s = $13.94. Use a 5% level of significance to test the claim that the yearly mean spending by consumers on in-game purchases is greater than $204. A button hyperlink to the SALT program that reads: Use SALT. (a) What is the level of significance? 0.05 Correct: Your answer is correct. State the null and alternate hypotheses (in dollars). (Enter != for as needed.) H0: Correct: Your answer is correct. H1: Correct: Your answer is correct. (b) What sampling distribution will you use? Explain the rationale for your choice of sampling distribution. The Student's t, since the sample size is large and is unknown. The standard normal, since the sample size is large and is unknown. The Student's t, since the sample size is large and is known. The standard normal, since the sample size is large and is known
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