3. A IV commercial claims that the mean cost of a funeral today is above $8000. A survey of 233 funerals showed that they had a mean cost of $8150, with a standard deviation of $373. Test the commercial's claim at the 0.01 level of significance.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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3. A IV commercial claims that the mean cost of a funeral today is above $8000. A survey of
233 funerals showed that they had a mean cost of $8150, with a standard deviation of $373.
Test the commercial's claim at the 0.01 level of significance.
sufficient evidence to conclude that
Step 5: There
Transcribed Image Text:3. A IV commercial claims that the mean cost of a funeral today is above $8000. A survey of 233 funerals showed that they had a mean cost of $8150, with a standard deviation of $373. Test the commercial's claim at the 0.01 level of significance. sufficient evidence to conclude that Step 5: There
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