Use the sample data to test that the 1993 mean isgreater


The pewa Department of Transportation repaired hundreds ofbridges in 2916. To check the average cost to repair a bridge, arandom sample of n = 55 bridges was chosen. The mean and standarddeviation for the sample are $36,788 and $1,540, respectively.Records from previous years indicate an average bridge repair costwas $35,003. Use the sample data to test that the 1993 mean μ isgreater than $35,003. Use α = 0.06. What type of test would beused?

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Financial Accounting: Use the sample data to test that the 1993 mean isgreater
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