Solved: How to perform the appropriate hypothesis test, Basic Statistics

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How to perform the appropriate hypothesis test

Discussion:

Q: To see if young men ages 9 - 17 spend more or less than the average of $24.44 per shopping trip, the manager surveyed 33 young men and found the average amount spent was $22.67. The pop std us $3.70. At alpha 0.2, can it be concluded the average amount spent by the young men is not equal to $24.44. Perform appropriate hypothesis test.

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Basic Statistics: How to perform the appropriate hypothesis test

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