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A Recent Survey of Gasoline Prices Indicated That the National $4.098\$ 4.098

Question 51

Multiple Choice

A recent survey of gasoline prices indicated that the national average was $4.098\$ 4.098 per gallon. The Dallas Automobile Club claimed that gasoline in Texas was significantly lower than the national average. A survey covering 10 different suburbs in Dallas found the average price of gasoline to be $3.924\$ 3.924 per gallon with a population standard deviation of $0.053\$ 0.053 . What critical value should be used to test the claim using α=0.01\alpha = 0.01 ?


A) -2.33
B) -1.26
C) 1.26
D) 2.33

Correct Answer:

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