Which is cheaper: eating out or dining in? The mean cost of a flank steak, broccoli, and rice bought at the grocery store costs
$13.04 (Money.msn website, November 7, 2012). A sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal.a. Develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home.H0: - Select your answer-greater than or equal to 13.04greater than 13.04less than or equal to 13.04less than 13.04equal to 13.04not equal to 13.04Item 1Ha: - Select your answer-greater than or equal to 13.04greater than 13.04less than or equal to 13.04less than 13.04equal to 13.04not equal to 13.04
