A Professor of Statistics Wants to Test That the Average

question 97

Multiple Choice

A professor of statistics wants to test that the average amount of money a typical college student spends per day during spring break is over $70.Based upon previous research,the population standard deviation is estimated to be $17.32.The professor surveys 35 students and finds that the mean spending is $72.43.Which of the following statements is most accurate?

• A)fail to reject the null hypothesis at α ≤ 0.10
• B)reject the null hypothesis at α = 0.10
• C)reject the null hypothesis at α = 0.05
• D)reject the null hypothesis at α = 0.01

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Definitions:

Obtaining Cover

The process of seeking and securing a replacement for unfulfilled contractural obligations, especially in the context of goods or services.

Consequential Damages

Refer to indirect losses that one party causes another as a result of failing to fulfill a duty or breach of contract, which were foreseeable at the time the contract was made.

Personal Injury

Physical or emotional harm suffered by an individual, often leading to legal action for damages.

Breach

The violation or breaking of a law, duty, or other form of agreement.