Question 6 Save Ar The Australian Energy Market Commission conducted survey about average cost of electricity for domestic households from 50 families had the sample mean $12.5 with a sample standard deviation of $2. Test the hypothesis that the average cost of electricity for domestic household is $12 and finds ap-value of 0.0401. At the 596 significance level, the conclusion of the test will be: O Since p-value < 0.05, reject Ho O Since p-value < 0.05, accept Ho O Since p-value > 0.05, reject Ho O Since p-value > 0.05, do not reject Ho DELL 25°C Haze

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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The Australian Energy Market Commission conducted survey about average cost of electricity for domestic households from 50 families had the sample mean $12.5 with a sample
standard deviation of $2. Test the hypothesis that the average cost of electricity for domestic household is $12 and finds ap-value of 0.0401.
At the 596 significance level, the conclusion of the test will be:
O Since p-value < 0.05, reject Họ
O Since p-value < 0.05, accept Ho
O Since p-value > 0.05, reject Ho
O Since p-value > 0.05, do not reject Ho
DELL
25°C Haze
arch
Transcribed Image Text:Question 6 Save Anow The Australian Energy Market Commission conducted survey about average cost of electricity for domestic households from 50 families had the sample mean $12.5 with a sample standard deviation of $2. Test the hypothesis that the average cost of electricity for domestic household is $12 and finds ap-value of 0.0401. At the 596 significance level, the conclusion of the test will be: O Since p-value < 0.05, reject Họ O Since p-value < 0.05, accept Ho O Since p-value > 0.05, reject Ho O Since p-value > 0.05, do not reject Ho DELL 25°C Haze arch
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