Statement of a problem № m956


The cost of weddings in the United States has skyrocketed in recent years. As a result, many couples are opting to have their weddings in the Caribbean. A Caribbean vacation resort recently advertised in Bride Magazine that the cost of a Caribbean wedding was less than $10,000. Listed below is a total cost in $000 for a sample of 8 Caribbean weddings.  At the .05 significance level, is it reasonable to conclude the mean wedding cost is less than $10,000 asadvertised?

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