In: Math
The Excel data for this assignment shows the annual energy usage in kWh for a random sample of 250 detached single-family homes in the Southeast. A contractor building a new housing development in Town A hypothesizes that mean annual energy usage will be below 16,500 kWh per household. Use the data to run a single mean hypothesis test and calculate a test statistic in Excel. In your method summary, state the hypothesis and your assumptions. In your resulting conclusions, state your conclusion regarding the hypothesis in words, using a 99% confidence level.
The Mean of the data is 14651.548
The Standard Deviation is 7980.99357
using excel>addins>phstat>one sample t test
we have
t Test for Hypothesis of the Mean | ||||
Data | ||||
Null Hypothesis m= | 16500 | |||
Level of Significance | 0.05 | |||
Sample Size | 250 | |||
Sample Mean | 14651.548 | |||
Sample Standard Deviation | 7980.99357 | |||
Intermediate Calculations | ||||
Standard Error of the Mean | 504.7624 | |||
Degrees of Freedom | 249 | |||
t Test Statistic | -3.6620 | |||
Lower-Tail Test | Calculations Area | |||
Lower Critical Value | -1.6510 | For one-tailed tests: | ||
p-Value | 0.0002 | T.DIST.RT value | 0.000152807 | |
Reject the null hypothesis | 1-T.DIST.RT value | 0.999847193 |
since p value is less than 0.05 so we have sufficient evidence to conclude that mean annual energy usage will be below 16,500 kWh per household