The mean annual tuition and fees for a sample of 15 private colleges was $41,200 with a standard deviation of $5,300. A dotplot shows that it is reasonable to assume that the population is approximately normal. Test the hypothesis whether the mean tuition and fees for private colleges is different from $38,000. Use the p value method.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
icon
Related questions
Topic Video
Question
The mean annual tuition and fees for a sample of 15 private colleges was $41,200 with a standard deviation of $5,300. A dotplot shows that it is reasonable to assume that the population is approximately normal. Test the hypothesis whether the mean tuition and fees for private colleges is different from $38,000. Use the p value method.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Hypothesis Tests and Confidence Intervals for Means
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill