A Price 4620 6210 5150 5250 4840 6320 5450 5620 6140 5850 5640 6575 5940 5850 5825 5820 6850 6010 5960 5980 6330 5000 В
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A Price 4620 6210 5150 5250 4840 6320 5450 5620 6140 5850 5640 6575 5940 5850 5825 5820 6850 6010 5960 5980 6330 5000 В
Question 17 1.8/6 points Suppose the cost of a VS2 clarity, H color one-carat diamond from Diamond Source USA is $5600. A midwestern jeweler makes calls to a sample of 25 dealers in the diamond district in New York City to see if the average price of diamonds there is greater than $5,600. The price quotes are collected in the data set Diamonds.xlsx, which is in the "Some Datasets" folder on the Contents page. Which of the following is the null hypothesis for the question being investigated by the jeweler? a. Ho: 5600 b. Ho: H25600 C HoHs 5600 d. Ho - 5600 The correct null hypothesis is given in letter (Enter the letter only!) Is this a z-test or a t-test? -test (Enter the letter only!) Z Based on the rejection region, this is a right Question 18 The critical value that defines the rejection region for the test comes from the For alpha-01, that critical value equals The value of the test statistic is What is the p-value for this test? Question 19 -tailed test. (Enter "right", "left", or "two") (Enter the value out to 4 decimal places.) (Enter the value out to 4 decimal places) Conclusion: The sample data provides evidence to This indicates that the true mean probably. (Enter the value out to 4 decimal places) ("normal" or "t") distribution. ("support" or "reject") the null hypothesis. ("is" or "is not") greater than $5600. 0/10 points 0/6 points