Hi, can you please help and show all steps
Posted: Wed May 11, 2022 4:24 pm
Hi, can you please help and show all steps
During the current crisis in US expenditure, a research has been conducted on 15 Americans. They were asked how much they have spent during the holiday season. The research has shown that their average expenditure X = 125$ and standard deviation s = 31.8$. Conduct the hypothesis testing whether all Americans, on average, spend different from 135$ during the holiday season at 10% significance level. Statistical Value = Critical Value = So, we Ho. (Just type "reject" or "fail to reject")
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