MAS291_-_FA_2023_-_B3W_-_FE_1295.webp
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MAS291_-_FA_2023_-_B3W_-_FE_1295.webp

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(Choose 1 answer)
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A. No, because the Z_STAT=4.28 is greater than the Z_CRIT=1.645
B. Yes, because the Z_STAT=7.28 is greater than the Z_CRIT=1.645
C. No, because the Z_STAT=1.28 is less than the Z_CRIT=1.96
D. Yes, because the Z_STAT=3.28 is greater than the Z_CRIT=1.96
Suppose we would like to determine if the typical amount spent per customer for dinner is more than $20.00. A sample of 49 customers was randomly selected and the average amount spent was $22.60. Assume that the population standard deviation is known to be $2.50. Using a 0.05 level of significance, would we conclude the typical amount spent per customer is more than $20.00?Given that Z0.025 1.96 and Z0.05-1.645

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