Suppose that BC financial aid alots a textbook stipend by claiming that the average textbook at BC bookstore costs $$ 88.74. You want to test this claim. The null and alternative hypothesis in symbols...


Suppose that BC financial aid alots a textbook stipend by claiming that the average textbook at BC bookstore costs $$ 88.74. You want to test this claim.


The null and alternative hypothesis in symbols would be:




  • H0:p≥88.74H0:p≥88.74
    H1:p<><>

  • H0:p≤88.74H0:p≤88.74
    H1:p>88.74H1:p>88.74

  • H0:μ≥88.74H0:μ≥88.74
    H1:μ<><>

  • H0:μ=88.74H0:μ=88.74
    H1:μ≠88.74H1:μ≠88.74

  • H0:μ≤88.74H0:μ≤88.74
    H1:μ>88.74H1:μ>88.74

  • H0:p=88.74H0:p=88.74
    H1:p≠88.74H1:p≠88.74











The null hypothesis in words would be:





  • The average price of textbooks in a sample is $$ 88.74

  • The average price of all textbooks from the store is $$ 88.74

  • The average of price of all textbooks from the store is less than $$ 88.74.

  • The proportion of all textbooks from the store that are less than 88.74 is equal to 50%

  • The average of price of all textbooks from the store is greater than $$ 88.74.





Jun 02, 2022
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