Question
In: Advanced Math
Compare your sample estimate to the current mean gas in the State of Ohio. Find the...
Compare your sample estimate to the current mean gas in the State of Ohio. Find the mean price of gasoline in the State of Ohio. You might try this GasBuddy website. Set up a null and alternative hypothesis to see if your sample for Dayton is enough to prove that the population mean gasoline price in Dayton is different than the mean price in Ohio. Test the hypotheses. Show your work. Using a significance level of 0.05, what is your conclusion?
Part 3 - Compare your sample estimate to the current mean gas in the U.S. What is the mean price of gasoline in the U.S.? You might try reading the graph on this GasBuddy website. Set up a null and alternative hypothesis to see if your sample for Dayton is enough to prove that the population mean price in Dayton is different than the mean price in the U.S. Test the hypotheses. Show your work. Using a significance level of 0.05, what is your conclusion?
Solutions
Colby Messinger answered 1 year agoRelated Solutions
Compare your sample estimate to the current mean gas in the U.S. What is the mean...
Compare your sample estimate to the current mean gas in the
U.S.
What is the mean price of gasoline in the U.S.? You might try
reading the graph on this GasBuddy website.
Set up a null and alternative hypothesis to see if your sample
for Dayton is enough to prove that the population mean price in
Dayton is different than the mean price in the U.S. Test the
hypotheses. Show your work.
Using a significance level of 0.05, what is...
Find the mean price of gasoline in the State of Ohio. Set up a null and...
Find the mean price of gasoline in the State of Ohio. Set up a
null and alternative hypothesis to see if your sample for Dayton is
enough to prove that the population mean gasoline price in Dayton
is different than the mean price in Ohio. Test the hypotheses. Show
your work. Using a significance level of 0.05, what is your
conclusion?
Dayton Mean=2.217 Standard Dev. 0.070711 Sample size 30
Confidence Interval .95 ME 0.0262150
5 CITIES IN OHIO mean 2.21...
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1) Assume that a sample is used to estimate a population mean μμ. Find the 80%...
1)
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