MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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It is suggested that the mean one-day travel expense by tourists in Moscow is $500 (assume all one-day travel expenses in Moscow are approximately
Determine the value of the appropriate test statistic to perform this test.
Do not round.
Note: the standard deviation of all one-day travel expenses in Moscow is unknown. This is why we must use the t-distribution instead of the standard normal distribution.
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