Perform a hypothesis test for the population mean. Assume that preliminary data analyses indicate that it is reasonable toapply the z-test. Use the critical-value approach.
-A car insurance company has determined that the mean annual car insurance cost for a family in the town of Watlington is $1716. A researcher wants to perform a hypothesis test to determine whether the mean insurance cost for a family in the town of Putford is higher than this. The mean insurance cost for a random sample of 32 families in Putford was $1761. At the 10% significance level, do the data provide sufficient evidence to conclude that the mean insurance cost for a family in Putford is higher than $1716, the mean cost for a family in Watlington.? Assume that the population standard deviation is $35.50.

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The Answer of Perform a hypothesis test for the population mean. Assume that preliminary data analyses indicate that it is reasonable toapply the z-test. Use the critical-value approach.
-A car insurance company has determined that the mean annual car insurance cost for a family in the town of Watlington is $1716. A researcher wants to perform a hypothesis test to determine whether the mean insurance cost for a family in the town of Putford is higher than this. The mean insurance cost for a random sample of 32 families in Putford was $1761. At the 10% significance level, do the data provide sufficient evidence to conclude that the mean insurance cost for a family in Putford is higher than $1716, the mean cost for a family in Watlington.? Assume that the population standard deviation is $35.50.

Perform a Hypothesis Test for the Population Mean