The U.S. Energy Information Administration claimed that U.S. residential customers used an average of 10,069 kilowatt hours (kWh) of electricity this year. A local power company believes that residents in their area use more electricity on average than EIA's reported average. To test their claim, the company chooses a random sample of 171 of their customers and calculates that these customers used an average of 10,461 kWh of electricity last year. Assuming that the population standard deviation is 2973 kWh, is there sufficient evidence to support the power company's claim at the 0.01 level of significance? Step 3 of 3: Draw a conclusion and interpret the decision.

The U.S. Energy Information Administration claimed that U.S. residential customers used an average of 10,069 kilowatt hours (kWh) of electricity this year. A local power company believes that residents in their area use more electricity on average than EIA's reported average. To test their claim, the company chooses a random sample of 171 of their customers and calculates that these customers used an average of 10,461 kWh of electricity last year. Assuming that the population standard deviation is 2973 kWh, is there sufficient evidence to support the power company's claim at the 0.01 level of significance? Step 3 of 3: Draw a conclusion and interpret the decision.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section: Chapter Questions

Problem 8SGR

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