The mean price of a cup of coffee in Portland, OR is $3.92. The owner of a new coffee house believes that the mean price of coffee is different in their neighborhood. A sample of 8 coffee prices from other local coffee shops in their area are shown below. Price 2.7 3.35 3.55 4.7 3.4 3.95 4.15 4.65 Test the claim that mean price of a cup of coffee is not equal to $3.92 using a 10% level of significance. Assume that the coffee prices are normally distributed. Give answers to at least 2 decimal places. a) Fill in the hypotheses below: Ho: Select an answer ✓ H₁: Select an answer ✓ ? ✓ $ ? ✓ $ b) The p-value is 0.6542. The correct decision is to Select an answer The correct summary would be: [Select an answer price of a cup of coffee is not equal to $3.92. ✓that the population mean

The mean price of a cup of coffee in Portland, OR is $3.92. The owner of a new coffee house believes that the mean price of coffee is different in their neighborhood. A sample of 8 coffee prices from other local coffee shops in their area are shown below. Price 2.7 3.35 3.55 4.7 3.4 3.95 4.15 4.65 Test the claim that mean price of a cup of coffee is not equal to $3.92 using a 10% level of significance. Assume that the coffee prices are normally distributed. Give answers to at least 2 decimal places. a) Fill in the hypotheses below: Ho: Select an answer ✓ H₁: Select an answer ✓ ? ✓ $ ? ✓ $ b) The p-value is 0.6542. The correct decision is to Select an answer The correct summary would be: [Select an answer price of a cup of coffee is not equal to $3.92. ✓that the population mean

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

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