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In: Statistics and Probability

Suppose we are dealing with the null hypothesis that the average food expenditure of all families...

Suppose we are dealing with the null hypothesis that the average food expenditure of all families in Atlanta is 20 dollars a day. To test the hypothesis we collect a sample of n = 100. We get the sample mean of 22 and the sample variance of 25. Write down the value of t-statistics and corresponding p-value. Will you reject the null? Explain. Only yes or no answer will not be accepted.

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