In: Statistics and Probability
Keep cool: Following are prices, in dollars, of a random sample of ten 7.5-cubic-foot refrigerators. A consumer organization reports that the mean price of 7.5-cubic-foot refrigerators is less than $380. Do the data provide convincing evidence of this claim? Use the =α0.10 level of significance and the critical value method with the Critical Values for the Student's t Distribution Table.
344 |
411 |
359 |
316 |
349 |
309 |
366 |
382 |
327 |
337 |
Following is a dotplot for these data. Is it reasonable to assume that the conditions for performing a hypothesis test are satisfied? Explain.
The dotplot shows that there ▼are outliers. The dotplot shows that there ▼is no evidence of strong skewness. We ▼cannot assume that the population is approximately normal. It ▼is reasonable to assume that the conditions are satisfied. |
Following is the output of dot plot:
Dot plot shows that there is no outlier. Data is almost symmetric.
It is reasonable to assume that the conditions are satisfied.
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Following table shows the calculations for mean and SD of data set:
X | (X-mean)^2 | |
344 | 36 | |
411 | 3721 | |
359 | 81 | |
316 | 1156 | |
349 | 1 | |
309 | 1681 | |
366 | 256 | |
382 | 1024 | |
327 | 529 | |
337 | 169 | |
Total | 3500 | 8654 |
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Conclusion: There is evidence to support the claim that the mean price of 7.5-cubic-foot refrigerators is less than $380.