Can You Verify The Departments Claim That The Mean Exceeds Rupees 2500 At The Level With This Information?
A Random Sample Of 100 Workers With Children In Day Care Shows A Mean Day-care Cost Of Rupees 2600 And A Standard Deviation Of Rupees 500.
A Random Sample Of 100 Workers With Children In Day Care Shows A Mean Day-care Cost Of Rupees 2600 And A Standard Deviation Of Rupees 500.
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1)
Null and alternative hypothesis:
Ho:U>2500
H1:U < 2500
2)
Level of significance: 0.05
3)
Test statistics:
Z=(sample mean – population mean)/ standard
deviation/square root of sample size
4)
Calculation:
Z=2
5)
Critical region:
At significance level=0.05 -1.645
6)
Ho ejected because 2 lie in critical
region.
answered 4 months ago
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