QUESTION 12 A survey claims that the average cost of a hotel room in Abu Dhabi is less than AED 950. A random sample of 80 hotel rooms has an average cost of AED 925 and a sample standard deviation of AED 84. What is the corresponding p-value of the test?
QUESTION 12 A survey claims that the average cost of a hotel room in Abu Dhabi is less than AED 950. A random sample of 80 hotel rooms has an average cost of AED 925 and a sample standard deviation of AED 84. What is the corresponding p-value of the test?
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.2: Expected Value And Variance Of Continuous Random Variables
Problem 10E
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![QUESTION 12
A survey claims that the average cost of a hotel room in Abu Dhabi is less than AED 950. A random sample of 80 hotel rooms has an average cost of
AED 925 and a sample standard deviation of AED 84. What is the corresponding p-value of the test?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0f828b1e-22b4-4995-b1bd-b99e50048e0e%2Ffe683482-61f7-4d12-ad0b-e05027108deb%2Fvrcojoe_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 12
A survey claims that the average cost of a hotel room in Abu Dhabi is less than AED 950. A random sample of 80 hotel rooms has an average cost of
AED 925 and a sample standard deviation of AED 84. What is the corresponding p-value of the test?
![QUESTION 14
Find the p-value for a left tailed test, if t-stat = -1.73 and the sample size n= 10.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0f828b1e-22b4-4995-b1bd-b99e50048e0e%2Ffe683482-61f7-4d12-ad0b-e05027108deb%2Fkq3z2ig_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 14
Find the p-value for a left tailed test, if t-stat = -1.73 and the sample size n= 10.
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