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.