Prior to the virus outbreak in Maine, a pound of flour cost 75 cents. You sample 112 grocery stores and find that the average cost is X-bar = 88 cents with a standard deviations = 9 cents. You want to see if this is significantly higher than the cost before the outbreak, so you test the following hypotheses: Ho: µ s 75 and Ha: µ > 75. What is the standard error of the mean? Round your answer to three decimal places. In this problem, do not convert the cents to decimal format.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Prior to the virus outbreak in Maine, a pound of flour cost 75 cents. You sample 112 grocery stores and find that the average cost is X-bar = 88
9 cents. You want to see if this is significantly higher than the cost before the outbreak, so you test the
following hypotheses: Ho: u s 75 and Ha: u > 75. What is the standard error of the mean? Round your answer to three decimal places. In this
cents with a standard deviation s =
problem, do not convert the cents to decimal format.
Transcribed Image Text:Prior to the virus outbreak in Maine, a pound of flour cost 75 cents. You sample 112 grocery stores and find that the average cost is X-bar = 88 9 cents. You want to see if this is significantly higher than the cost before the outbreak, so you test the following hypotheses: Ho: u s 75 and Ha: u > 75. What is the standard error of the mean? Round your answer to three decimal places. In this cents with a standard deviation s = problem, do not convert the cents to decimal format.
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