You may need to use the appropriate appendix table or technology to answer this question. According to the Vivino website, suppose the mean price for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is $32.48. A New England-based lifestyle magazine wants to determine if red wines of the same quality are less expensive in Providence, and it has collected prices for 65 randomly selected red wines of similar quality from wine stores throughout Providence. The mean and standard deviation for this sample are $30.15 and $12, respectively. (d) Repeat the preceding hypothesis test using the critical value approach. State the null and alternative hypotheses. (Enter != for ≠ as needed.) H0: Ha: Find the value of the test statistic. (Round your answer to three decimal places.) State the critical values for the rejection rule. Use ? = 0.05. (Round your answers to three decimal places. If the test is one-tailed, enter NONE for the unused tail.) test statistic≤test statistic≥
You may need to use the appropriate appendix table or technology to answer this question. According to the Vivino website, suppose the mean price for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is $32.48. A New England-based lifestyle magazine wants to determine if red wines of the same quality are less expensive in Providence, and it has collected prices for 65 randomly selected red wines of similar quality from wine stores throughout Providence. The mean and standard deviation for this sample are $30.15 and $12, respectively. (d) Repeat the preceding hypothesis test using the critical value approach. State the null and alternative hypotheses. (Enter != for ≠ as needed.) H0: Ha: Find the value of the test statistic. (Round your answer to three decimal places.) State the critical values for the rejection rule. Use ? = 0.05. (Round your answers to three decimal places. If the test is one-tailed, enter NONE for the unused tail.) test statistic≤test statistic≥
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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You may need to use the appropriate appendix table or technology to answer this question.
According to the Vivino website, suppose the mean price for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is $32.48. A New England-based lifestyle magazine wants to determine if red wines of the same quality are less expensive in Providence, and it has collected prices for 65 randomly selected red wines of similar quality from wine stores throughout Providence. The mean and standard deviation for this sample are $30.15 and $12, respectively.
(d)
Repeat the preceding hypothesis test using the critical value approach.
State the null and alternative hypotheses. (Enter != for ≠ as needed.)
H0:
Ha:
Find the value of the test statistic. (Round your answer to three decimal places.)
State the critical values for the rejection rule. Use
? = 0.05.
(Round your answers to three decimal places. If the test is one-tailed, enter NONE for the unused tail.)test statistic≤test statistic≥
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