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Author Question: Use a 0.05 significance level and conduct a full hypothesis test. List the null and alternative ... (Read 145 times)

skymedlock

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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 national car insurance company stated that in 1987, the average yearly car insurance cost for a family in the U.S. was $1716. In the same year, a random sample of 32 families in California resulted in a mean cost of $1728 with a standard deviation of $35.50. Test the claim that the average insurance cost for a family in California in 1987 exceeded the national average.


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Marked as best answer by skymedlock on Jan 18, 2020

shaquita

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skymedlock

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


frankwu0507

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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