We need to test if average is less than $500 so appropriate hypotheses will be:
Option A is correct.
From candy to jewelry to flowers, the customers spend on average $500 for Mother's Day 2009,...
From candy to jewelry to flowers, the average consumer was expected to spend $104.69 for Mother's Day in 2005, according to the Democrat & Chronicle article "Mom's getting more this year" (May 7, 2005). Local merchants thought this average was too high for their area. They contracted an agency to conduct a study. A random sample of 56 consumers was taken at a local shopping mall the Saturday before Mother's Day and produced a sample mean amount of $94.4. If...
From candy to jewelry to flowers, the average consumer was expected to spend $104.56 for Mother's Day in 2005, according to the Democrat & Chronicle article "Mom's getting more this year" (May 7, 2005). Local merchants thought this average was too high for their area. They contracted an agency to conduct a study. A random sample of 57 consumers was taken at a local shopping mall the Saturday before Mother's Day and produced a sample mean amount of $94.14. If...
10. From candy to jewelry to flowers, the average consumer was expected to spend $104.88 for Mother's Day in 2005, according to the Democrat & Chronicle article "Mpm's getting more this year (May 7, 2005). Local merchants thought this average was too high for their area. They contracted an agency to conduct a study. A random sample of 56 consumers was taken at a local shopping mall the Saturday before Mother's Day and produced a sample mean amount of S9497....
STA2221 examples on CI & Testing of Hypothesis Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answer the question Provide an appropriate response. 1) Find the critical value,te for 0.99 and n-10. A) 3.250 B) 3.169 1.833 D) 2.262 2) Find the critical value to forc=0.95 and n=16. A) 2.947 B) 2.602 2120 D) 2.131 3) Find the value of E, the margin of error, for A) 1.69 B) 0.42 0.99, n=16 and s=2.6. C)...