The mean price of a cup of coffee in Portland, OR is $4.13. The owner of a new coffee house believes that the mean price

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answerhappygod
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The mean price of a cup of coffee in Portland, OR is $4.13. The owner of a new coffee house believes that the mean price

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The mean price of a cup of coffee in Portland, OR is $4.13. The
owner of a new coffee house believes that the mean price of coffee
is different in their neighborhood. A sample of 9 coffee prices
from other local coffee shops in their area are shown below.
Test the claim that mean price of a cup of coffee is not equal
to $4.13 using a 1% level of significance. Assume that the coffee
prices are normally distributed. Give answers to at least 2 decimal
places.
a) Fill in the hypotheses below:

H0: Select an
answer x̄ s s² p̂ p σ μ σ² ? < ≥ ≤ > ≠ = $

H1: Select an
answer σ² s p̂ σ p s² μ x̄ ? ≤ < ≥ > ≠ = $
b) The p-value is 0.1931.
The correct decision is to Select an answer Reject the
null hypothesis Accept the null hypothesis Accept the
alternative hypotheis Fail to reject the null
hypothesis .
The correct summary would be: Select an answer There
is sufficient evidence to support the claim There is
insufficient evidence to support the claim There is not enough
evidence to reject the claim that the population mean
price of a cup of coffee is not equal to $4.13.
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