The Average Monthly Cell Phone Bill Was Reported to Be $\$ 50.07$

question 35

Multiple Choice

The average monthly cell phone bill was reported to be $\$ 50.07$ by the U.S. Wireless Indus Random Sampling of a large cell phone company found the following monthly cell phone (in dollars) :
$\begin{array}{llll}\hline 52.62 & 46.27 & 59.77 & 67.21 \\57.26 & 49.24 & 45.99 & 46.81 \\55.39 & 48.08 & & \\\hline\end{array}$

At the $0.05$ level of significance, can it be concluded that the average phone bill has incre ry. reased?

• A) No. There is not enough evidence to support the claim that the average bill has increased from $50.07.
• B) There is not enough information to draw a conclusion.
• C) Yes. There is enough evidence to support the claim that the average bill has increased from $50.07.

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Definitions:

Budget Deficit

A financial situation where an entity's expenditures exceed its revenues over a specified period, prompting borrowing or use of saved reserves.

Continuing Resolution

A type of legislation that allows government agencies to continue operating at current funding levels until new budget legislation is passed.

Budgetary Process

A systematic method used by organizations or governments to allocate financial resources and plan for future financial needs.

Continuing Resolutions

Legislative measures used by the government to allow funding for its operations in the absence of an agreed-upon formal budget.