Question

The college bookstore tells prospective students that the average cost of its textbooks is $92 per book, with a standard deviation of $15. The engineering students think that the average cost of their

asked Jul 12, 2022 13.3k views

The college bookstore tells prospective students that the average cost of its textbooks is $92 per book, with a standard deviation of $15. The engineering students think that the average cost of their books is higher than the average for all students. To test the bookstore’s claim against their alternative, the engineering students collect a random sample of size 45, and calculate x = $97.34.

Grade: 5 4 3 2 1
Communication strong ←− − − − − − −→ weak ×2

Required:
Conduct a hypothesis test with α = 0.05 to see if the students’ claim is supported. Use the classical approach.