Last year, the average amount that teams for the Statistics Games raised was $375. Have teams been more successful at fundraising this year? To find out, you take a random sample of 36 teams. Your sample of 36 teams yields a mean of $396 and a standard deviation of $70. At a significance level of 5%, what is your conclusion? A Fail to reject the null. There is evidence that the average amount raised by teams is still $375. B Reject the null. There is strong evidence that the mean amount raised by teams has increased from $396. C Fail to reject the null. There is not enough evidence to say that the average amount raised by teams has increased. D Reject the null. There is strong evidence that the mean amount raised by teams has increased from $375. E Reject the null. There is strong evidence that the mean amount raised by teams is $396.
Last year, the average amount that teams for the Statistics Games raised was $375. Have teams been more successful at fundraising this year? To find out, you take a random sample of 36 teams. Your sample of 36 teams yields a mean of $396 and a standard deviation of $70. At a significance level of 5%, what is your conclusion? A Fail to reject the null. There is evidence that the average amount raised by teams is still $375. B Reject the null. There is strong evidence that the mean amount raised by teams has increased from $396. C Fail to reject the null. There is not enough evidence to say that the average amount raised by teams has increased. D Reject the null. There is strong evidence that the mean amount raised by teams has increased from $375. E Reject the null. There is strong evidence that the mean amount raised by teams is $396.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
Related questions
Question
100%
Last year, the average amount that teams for the Statistics Games raised was $375. Have teams been more successful at fundraising this year? To find out, you take a random sample of 36 teams. Your sample of 36 teams yields a mean of $396 and a standard deviation of $70. At a significance level of 5%, what is your conclusion?
A
Fail to reject the null. There is evidence that the average amount raised by teams is still $375.
B
Reject the null. There is strong evidence that the mean amount raised by teams has increased from $396.
C
Fail to reject the null. There is not enough evidence to say that the average amount raised by teams has increased.
D
Reject the null. There is strong evidence that the mean amount raised by teams has increased from $375.
E
Reject the null. There is strong evidence that the mean amount raised by teams is $396.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 4 images
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL