Question

In: Statistics and Probability

Keep cool: Following are prices, in dollars, of a random sample of ten 7.5-cubic-foot refrigerators. A...

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.

Solutions

Expert Solution

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.

--------------------------

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

-------------------------------

Conclusion: There is evidence to support the claim that the mean price of 7.5-cubic-foot refrigerators is less than $380.


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