The mean price of a cup of coffee in Portland, OR is $3.92. The owner of a new coffee house believes that the mean price of coffee is different in their neighborhood. A sample of 8 coffee prices from other local coffee shops in their area are shown below. Price 2.7 3.35 3.55 4.7 3.4 3.95 4.15 4.65 Test the claim that mean price of a cup of coffee is not equal to $3.92 using a 10% level of significance. Assume that the coffee prices are normally distributed. Give answers to at least 2 decimal places. a) Fill in the hypotheses below: Ho: Select an answer ✓ H₁: Select an answer ✓ ? ✓ $ ? ✓ $ b) The p-value is 0.6542. The correct decision is to Select an answer The correct summary would be: [Select an answer price of a cup of coffee is not equal to $3.92. ✓that the population mean
The mean price of a cup of coffee in Portland, OR is $3.92. The owner of a new coffee house believes that the mean price of coffee is different in their neighborhood. A sample of 8 coffee prices from other local coffee shops in their area are shown below. Price 2.7 3.35 3.55 4.7 3.4 3.95 4.15 4.65 Test the claim that mean price of a cup of coffee is not equal to $3.92 using a 10% level of significance. Assume that the coffee prices are normally distributed. Give answers to at least 2 decimal places. a) Fill in the hypotheses below: Ho: Select an answer ✓ H₁: Select an answer ✓ ? ✓ $ ? ✓ $ b) The p-value is 0.6542. The correct decision is to Select an answer The correct summary would be: [Select an answer price of a cup of coffee is not equal to $3.92. ✓that the population mean
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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