Childcare Costs Narrative
The public relations officer for a particular city claims the average monthly cost for childcare outside the home for a single child is $600. A potential resident is interested in whether the claim is correct. She obtains a random sample of 14 records and computes the average monthly cost of this type of childcare to be $589 with a standard deviation of $40.
-Refer to Childcare Costs Narrative. Perform the appropriate test of hypothesis for the potential resident using = 0.01.

Question

Childcare Costs Narrative
The public relations officer for a particular city claims the average monthly cost for childcare outside the home for a single child is $600. A potential resident is interested in whether the claim is correct. She obtains a random sample of 14 records and computes the average monthly cost of this type of childcare to be $589 with a standard deviation of $40.
-Refer to Childcare Costs Narrative. Perform the appropriate test of hypothesis for the potential resident using  = 0.01.

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The Answer of Childcare Costs Narrative
The public relations officer for a particular city claims the average monthly cost for childcare outside the home for a single child is $600. A potential resident is interested in whether the claim is correct. She obtains a random sample of 14 records and computes the average monthly cost of this type of childcare to be $589 with a standard deviation of $40.
-Refer to Childcare Costs Narrative. Perform the appropriate test of hypothesis for the potential resident using  = 0.01.

Childcare Costs Narrative the Public Relations Officer for a Particular City Claims the City