MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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2. According to last year's report, a Filipino household spends an average of
Php400.00 per day for food. Suppose you recently took a random sample of 25
households. You determined how mucheach household spent for food each day
and the results revealed a mean of Php390.00 and a standard deviation of
Php21.50. Using a 0.01 level of significance, can it be concluded that the average
amount spent per day for food has decreased? Assume normality over the
population.
Solution:
Step 1: State the hypothesis.
Но:
На:
Step 2: The level of significance and critical value.
Level Significance a =
df =
tcritical =
Туре of test:
Step 3: Compute for the value of one sample z test.
Step 4: Decisionrule.
Step 5:Conclusion
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Transcribed Image Text:2. According to last year's report, a Filipino household spends an average of Php400.00 per day for food. Suppose you recently took a random sample of 25 households. You determined how mucheach household spent for food each day and the results revealed a mean of Php390.00 and a standard deviation of Php21.50. Using a 0.01 level of significance, can it be concluded that the average amount spent per day for food has decreased? Assume normality over the population. Solution: Step 1: State the hypothesis. Но: На: Step 2: The level of significance and critical value. Level Significance a = df = tcritical = Туре of test: Step 3: Compute for the value of one sample z test. Step 4: Decisionrule. Step 5:Conclusion
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