We assumed that the amount of money spent in a shopping trip follows Normal Dist...

✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.

We assumed that the amount of money spent in a shopping

trip follows Normal Distribution with the average of

μ₀ = 96

€. This assumption has

been tested on a sample of size

n

=9. The sample mean has been

 = 91.65

€ with

the

sample standard deviation of s = 16.1€.

The lowest Significance Level among offered, with

which H

₀ (μ = μ₀) could be rejected, is:

0.30

0%

0.40

0%

0.25

100%

0.35

0%

0.45

0%

Want instant access to all verified answers on moodle.essec.fr?

Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!

Add to Chrome