Stats Solutions

(Step-by-Step) The college bookstore tells prospective students that the average cost of its textbooks is $50 with a standard deviation of $4.50. A group of

Question: The college bookstore tells prospective students that the average cost of its textbooks is $50 with a standard deviation of $4.50. A group of statistics students thinks that the average cost is higher. The students will test to see if this is true using a random sample of size 100. Assume that the mean from their random sample is $52.80.

  1. What is the null hypothesis of the student test?
  2. What is the Alternative hypothesis of the student test?

Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document


∴ Other downloads you may be interested in ∴

log in to your account

Forgot password?
Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in