What is an equation for the scenario the entrance fee to an amusement park is $9 plus $1.50 for each ride
1 answer:
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Answer:
p-value = 0.1277
Step-by-step explanation:
p-value is the probability value tell us how likely it is to get a result like this if the Null Hypothesis is true.
Firstly we find the mean and standard deviation of the given data set.
⇒ Mean =
⇒ Mean = 4.368
where, is mean of the distribution.
⇒ Standard Deviation = 0.034
Applying t- test:
Let out hypothesis is:
H₀: μ = 4.35
H₁: μ ≠ 4.35
Now,
Here, μ = Population Mean = 4.35
= Sample Mean = 4.368
σ = Standard Deviation = 0.034
n = 10
Putting all values we get, t = 1.6777 with (10 -1) = 9 degree of freedom.
Then the p-value at 99% level of significance.
⇒ p-value = 0.1277