68 671
Assignments Done
Successfully Done
In January 2019

Answer to Question #33321 in Statistics and Probability for anita

Question #33321
The cost of a daily newspaper varies from city to city. However, the variation among prices
remains steady with a standard deviation of 6¢. A study was done to test the claim that the
average cost of a daily newspaper is 35¢. Twelve costs yield an average cost of 30¢ with a standard
deviation of 4¢. Do the data support the claim at the 1% level?
Expert's answer

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question

Privacy policy Terms and Conditions