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Direction: Answer the following problems completely. 1. Show the complete steps of hypothesis testing on population mean given the problem related to spending for food. A study reveals that a household spends an average of P600.00 of food per day. A group of students took a random sample of 35 households and determined how much each household spent for food and revealed a mean of P499.00 and a standard deviation of 23.60. Using 0.05 level of significance, can it be concluded that the average amount spent per day for food has decreased? (Critical value: 1.671) After verifying the claim, what are the ways that you could do to lessen the expenses of food in your own household?

Direction: Answer the following problems completely. 1. Show the complete steps of hypothesis testing on population mean given the problem related to spending for food. A study reveals that a household spends an average of P600.00 of food per day. A group of students took a random sample of 35 households and determined how much each household spent for food and revealed a mean of P499.00 and a standard deviation of 23.60. Using 0.05 level of significance, can it be concluded that the average amount spent per day for food has decreased? (Critical value: 1.671) After verifying the claim, what are the ways that you could do to lessen the expenses of food in your own household?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 24PFA
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Direction: Answer the following problems completely. 1. Show the complete steps of hypothesis testing on population mean given the problem related to spending for food. A study reveals that a household spends an average of P600.00 of food per day. A group of students took a random sample of 35 households and determined how much each household spent for food and revealed a mean of P499.00 and a standard deviation of P 23.60. Using 0.05 level of significance, can it be concluded that the average amount spent per day for food has decreased? (Critical value: 1.671) After verifying the claim, what are the ways that you could do to lessen the expenses of food in your own household?
Transcribed Image Text:Direction: Answer the following problems completely. 1. Show the complete steps of hypothesis testing on population mean given the problem related to spending for food. A study reveals that a household spends an average of P600.00 of food per day. A group of students took a random sample of 35 households and determined how much each household spent for food and revealed a mean of P499.00 and a standard deviation of P 23.60. Using 0.05 level of significance, can it be concluded that the average amount spent per day for food has decreased? (Critical value: 1.671) After verifying the claim, what are the ways that you could do to lessen the expenses of food in your own household?
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