Question
you work for a consumer advocate agency and your manager thinks the mean repair cost of a washing machine has increased since last measured due
you work for a consumer advocate agency and your manager thinks the mean repair cost of a washing machine has increased since last measured due to skilled labor shortage. it is a common belief that the average repair cost is $100.00. Assume the standard deviation of the cost of repairs for washing machines is$24.50. you randomly select 40 repairs and find the mean to be 108.00. perform a hypothesis test to determine if your manager is correct the mean repair cost has increasedUSE =1
A, State the null and alternative Hypothesis
B, state any necessary assumptions
C, compute the test statist
D, Determine the P-value and compare to the level of significance to make a decision
E, state your conclusion in terms of the specific data set used
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