[Solved] An Associate at a Large Home Improvement Store Claims That

Question 54
Multiple Choice

An associate at a large home improvement store claims that she can build a composite 12 × 20 ft deck for an average cost of $7200.We sample eight decks built by this associate and find that the average cost was $8215.22 with a standard deviation of $711.16.Does it appear from this sample that the claim of $7200 is not accurate (either too high or too low)? State the critical value (CV), test statistic (TS), and decision from the test.(Use α = 0.05.)

A) CV = 2.3646; TS = 1.43; fail to reject her claim
B) CV = 1.8946; TS = 1.43; fail to reject her claim
C) CV = 1.8946; TS = 4.04; reject her claim
D) CV = 2.3646; TS = 4.04; reject her claim

10+ million students use Quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes.


Explore our library and get Introductory Statistics Homework Help with various study sets and a huge amount of quizzes and questions


Study sets





Upload material to get free access

Upload Now Upload Now
Upload Now

Invite a friend and get free access

Upload NowInvite a friend
Invite a friend

Subscribe and get an instant access

See our plansSee our plans
See our plans