nterpret it).

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Textbook authors must be careful that the reading level of their book is appropriate for the target audience. Some methods of assessing reading level require estimating the average word length. We've randomly chosen 20 words from a randomly selected page in Intro Stats and counted the number of letters in each word:

5, 5, 2, 11, 3, 5, 6, 8, 5, 4, 7, 2, 9, 4, 8, 10, 4, 7, 6, 9

Suppose that our editor was hoping that the book would have a mean word length of 6.8 letters. Does this sample indicate that the authors failed to meet this goal? With a significance level of 0.05, test an appropriate hypothesis and state your conclusion. (i.e state the appropriate null and alternative hypotheses, calculate the test statistic, conclude and interpret it).

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