Average Childcare Costs Narrative

question 6

Essay

Average Childcare Costs Narrative
The public relations officer for a particular city claims the average monthly cost for childcare outside the home for a single child is $700. A potential resident is interested in whether the claim is correct. She obtains a random sample of 64 records and computes the average monthly cost of this type of childcare to be $689 with a standard deviation of $40.
-Refer to Average Childcare Costs Narrative. Find the p-value for the test in the previous question.