Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ucture.com/courses/ 154430/quizzes/316316/take D Question 25 2.5 pts According to a recent study, tuition at four-year private colleges averaged $32,267 for full time students for the

image text in transcribed
ucture.com/courses/ 154430/quizzes/316316/take D Question 25 2.5 pts According to a recent study, tuition at four-year private colleges averaged $32,267 for full time students for the last academic year. Suppose that for the next academic year, a random sample of 71 colleges yielded the following data on tuition and fees: x-bar = $33,565 and s = $4,531. Assuming a one-tailed test would be appropriate, specify the null and alternative hypotheses you would use to test whether the mean amount for tuition and fees increased from last yearaEMs level and find the p-value. Ho: mu $32,267; p-value = 0.0158 O Ho: mu = $33,565; Ha: mu not = $33,565; p-value = 0.0158 O Ho: mu $32,267; p-value = 0.9921 O Ho: mu $32,267; p-value = 0.0079 O Ho: mu $33,565; p-value = 0.0079 O Ho: mu >= $32,267; Ha: mu $33,565; p-value = 0.0079

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

Step: 3

blur-text-image

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

College Algebra

Authors: Michael Sullivan

9th Edition

0321830725, 9780321830722

More Books

Students also viewed these Mathematics questions

Question

a sin(2x) x Let f(x)=2x+1 In(be)

Answered: 1 week ago