-LEAVE ANSWERS OUT TO FOUR DECIMAL PLACES 1. Suppose we are interested in analyzing average cost of a wedding.We know that on average, weddings cost $30,350 with a population standard deviation of $6650. Suppose we take a sample of 25weddings and we find that the average wedding cost is $33,900. We are interested in seeing if the average wedding cost is increasing. d. If I wanted to control my margin of error and set it to 2,000 at 90% confidence, what sample size would I need to take instead of the 25? e. What are the null and alternative hypotheses? f. What is the critical value at 90% confidence?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 26PFA
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-LEAVE ANSWERS OUT TO FOUR DECIMAL PLACES

1. Suppose we are interested in analyzing average cost of a wedding.We know that on average, weddings cost $30,350 with a population standard deviation of $6650. Suppose we take a sample of 25weddings and we find that the average wedding cost is $33,900. We are interested in seeing if the average wedding cost is increasing.
d. If I wanted to control my margin of error and set it to 2,000 at 90% confidence, what sample size would I need to take instead of the 25?
e. What are the null and alternative hypotheses?
f. What is the critical value at 90% confidence?
 
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