Using the 0.10 level of significance for single mean


Hypothesis test for single mean

The director of admissions at the University of Maryland, University College is concerned about the high cost of textbooks for the students each semester.  A sample of 25 students enrolled in the university indicates that X (bar) = $315.4 and s = $43.20.

Using the 0.10 level of significance, is there evidence that population mean is above $300?

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Basic Statistics: Using the 0.10 level of significance for single mean
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