In: Statistics and Probability
Answer the following questions Q1. A student in a large lecture section asked students how much they paid for a used copy of the text. The n = 38 responses yielded
Summation Xi=3230.84 Summation (Xi - Xbar)^2= 2028.35
a A test of the hypothesis that the mean amount students paid for a used copy of the text is different from 82 is being conducted at a 5% significant level. . What is the P-value of the test? (5 points) i. Based on any one of (f) and (g) above, what is your decision for the test? Justify your answer. (4 points) j. Draw your conclusion on the test. (2 points)
I just need help with the bolded sections