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Author Question: Use a 0.05 significance level and conduct a full hypothesis test. List the null and alternative ... (Read 319 times)

dmcintosh

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Use a 0.05 significance level and conduct a full hypothesis test. List the null and alternative hypotheses, the z-score, the P-value, and whether to reject or not reject the null hypothesis. Round z-scores to the nearest tenth.

A department store accepts only its own credit card. Among 36 randomly selected card holders, it was found that the mean amount owed was $175.37, while the standard deviation was $84.77. Test the claim that the mean amount owed by all customers is greater than $150.00.


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Marked as best answer by dmcintosh on Jan 18, 2020

yasmina

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dmcintosh

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Reply 2 on: Jan 18, 2020
Great answer, keep it coming :)


covalentbond

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Reply 3 on: Yesterday
Gracias!

 

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