Stats Solutions

(Step-by-Step) Jane-Marie is arranging for a retirement party for a friend. and is trying to come up with a cost for the event. She believes that the cost

Question: Jane-Marie is arranging for a retirement party for a friend. and is trying to come up with a cost for the event. She believes that the cost (per person) will be $50. Jane-Marie selects a sample of places to hold the reception, and asks for the per person cost of having the party at that location. given below:

60
84
92
65
62
70
60
55
75
85
58
69
80
100
95
67
52

You may assume the data is normally distributed. At the .05 level of significance. is there evidence that the cost will be more than what Jane Marie first thought?

Price: $2.99
Solution: The downloadable solution consists of 3 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