According to a popular wedding website, the average amount spent on flowers for a wedding in the U.S. is $750. To investigate whether the mean amount spent is actually less than the reported average, the mean and standard deviation of the amount spent on flowers from a random sample of 30 recent weddings in the U.S. was obtained. A one-sample t-test resulted in a p-value of 0.065. What conclusion should be made at the 0.05 level of significance? (A) There is convincing statistical evidence to suggest the mean amount spent on flowers for weddings in the U.S. is less than $750. (B) There is convincing statistical evidence to suggest the mean amount spent on flowers for weddings in the U.S. is $750. (C) There is convincing statistical evidence to suggest the mean amount spent on flowers for weddings in the U.S. is greater than $750. (D) There is not convincing statistical evidence to suggest the mean amount spent on flowers for weddings in the U.S. is less than $750. (E) There is not convincing statistical evidence to suggest the mean amount spent on flowers for weddings in the U.S. is $750.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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According to a popular wedding website, the average amount spent on flowers for a wedding in the
U.S. is $750. To investigate whether the mean amount spent is actually less than the reported
average, the mean and standard deviation of the amount spent on flowers from a random sample of
30 recent weddings in the U.S. was obtained. A one-sample t-test resulted in a p-value of 0.065.
What conclusion should be made at the 0.05 level of significance?
(A) There is convincing statistical evidence to suggest the mean amount spent on flowers for
weddings in the U.S. is less than $750.
(B) There is convincing statistical evidence to suggest the mean amount spent on flowers for
weddings in the U.S. is $750.
(C) There is convincing statistical evidence to suggest the mean amount spent on flowers for
weddings in the U.S. is greater than $750.
(D) There is not convincing statistical evidence to suggest the mean amount spent on flowers for
weddings in the U.S. is less than $750.
(E) There is not convincing statistical evidence to suggest the mean amount spent on flowers for
weddings in the U.S. is $750.
Transcribed Image Text:According to a popular wedding website, the average amount spent on flowers for a wedding in the U.S. is $750. To investigate whether the mean amount spent is actually less than the reported average, the mean and standard deviation of the amount spent on flowers from a random sample of 30 recent weddings in the U.S. was obtained. A one-sample t-test resulted in a p-value of 0.065. What conclusion should be made at the 0.05 level of significance? (A) There is convincing statistical evidence to suggest the mean amount spent on flowers for weddings in the U.S. is less than $750. (B) There is convincing statistical evidence to suggest the mean amount spent on flowers for weddings in the U.S. is $750. (C) There is convincing statistical evidence to suggest the mean amount spent on flowers for weddings in the U.S. is greater than $750. (D) There is not convincing statistical evidence to suggest the mean amount spent on flowers for weddings in the U.S. is less than $750. (E) There is not convincing statistical evidence to suggest the mean amount spent on flowers for weddings in the U.S. is $750.
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