A Consumer Product Magazine Recently Ran a Story Concerning the Increasing

question 71

Multiple Choice

A consumer product magazine recently ran a story concerning the increasing prices of digital cameras. The story stated that digital camera prices dipped a couple of years ago, but now are beginning to increase in price because of added features. According to the story, the average price of all digital cameras a couple of years ago was $215.00. A random sample of cameras was recently taken and entered into a spreadsheet. It was desired to test to determine if that average price of all digital cameras is now more than $215.00. The information was entered into a spreadsheet and the following printout was obtained:
One-Sample T Test
Null Hypothesis: $\mu = 215$
Alternative Hyp: $\mu > 215$



Cases Included 22

Is a sample size $n = 22$ large enough to utilize the central limit theorem in this inferential procedure?

• A) Yes, since the central limit theorem works whenever means are used
• B) \(\mathrm { No }\), since \(\mathrm { n } < 30\)
• C) Yes, since both np and nq are greater than or equal to 15
• D) No, since either np or \(\mathrm { nq }\) is less than 15

---

Definitions:

State Trial Court

The court of first instance in a U.S. state that handles both criminal and civil cases, differing from appellate courts.

Damages

Financial compensation awarded by a court to indemnify loss or harm suffered as a result of another party's actions or negligence.

Standing

The legal right to initiate a lawsuit, predicated on the party's stake in the outcome of a dispute to be adjudicated by the court.

In Personam Jurisdiction

A judicial jurisdiction over the person, where the court has the authority to make decisions affecting the personal rights of an individual.