A magazine recently published an article that stated the population mean amount young adults from a certain city spend per week on food is exactly $150. Eric, a college student who resides in the...


A magazine recently published an article that stated the population mean amount young adults from a certain city spend<br>per week on food is exactly $150. Eric, a college student who resides in the city, believes that the population mean is greater<br>than $150 per week. He selects a representative sample of 110 young adults and finds out how much each person spends<br>on food per week. He calculates the sample mean to be $156.45 with a sample standard deviation of $26.62. The test<br>statistic ț for a hypothesis test of Ho : μ = 150 versus Ha : μ 〉 150 ist 2.54. If 0.005 〈p-valueく0.01 and the level of<br>significance is α = 0.10, which of the following statements are accurate for this hypothesis test to evaluate the claim that<br>the true population mean amount young adults from the city spend per week on food is greater than $150?<br>Select all that apply:<br>Fail to reject the null hypothesis that the true population mean amount young adults from the city spend per week<br>on food is equal to $150<br>Reject the null hypothesis that the true population mean amount young adults from the city spend per week on<br>food is equal to $150.<br>There is enough evidence at the a 0.10 level of significance to support the claim that the true population mean<br>amount young adults from the city spend per week on food is greater than $150<br>There is not enough evidence at the a 0.10 level of significance to suggest that the true population mean<br>amount young adults from the city spend per week on food is not equal to S150.<br>

Extracted text: A magazine recently published an article that stated the population mean amount young adults from a certain city spend per week on food is exactly $150. Eric, a college student who resides in the city, believes that the population mean is greater than $150 per week. He selects a representative sample of 110 young adults and finds out how much each person spends on food per week. He calculates the sample mean to be $156.45 with a sample standard deviation of $26.62. The test statistic ț for a hypothesis test of Ho : μ = 150 versus Ha : μ 〉 150 ist 2.54. If 0.005 〈p-valueく0.01 and the level of significance is α = 0.10, which of the following statements are accurate for this hypothesis test to evaluate the claim that the true population mean amount young adults from the city spend per week on food is greater than $150? Select all that apply: Fail to reject the null hypothesis that the true population mean amount young adults from the city spend per week on food is equal to $150 Reject the null hypothesis that the true population mean amount young adults from the city spend per week on food is equal to $150. There is enough evidence at the a 0.10 level of significance to support the claim that the true population mean amount young adults from the city spend per week on food is greater than $150 There is not enough evidence at the a 0.10 level of significance to suggest that the true population mean amount young adults from the city spend per week on food is not equal to S150.
Jun 01, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here