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Statement of a problem № m40359

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A restaurant association says the typical household in the United States spends a mean amount of $2628 per year on food away from home. You are a consumer reporter for a national publication and want to test this claim. A random sample of 34 U.S. households has a mean amount spent on food away from home of $2694 and a standard deviation of $322. At α = 0.05, do you have enough evidence to reject the association’s claim? (a) Identify the claim and state H0 and Ha, (b) Use technology to find the P-value, (c) Decide whether to reject or fail to reject the null hypothesis, (d) Interpret the decision in the context of the original claim. Assume the population is normally distributed.




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