Enter your conclusion to the following hypothesis feet. An economical conducted

Question

Enter your conclusion to the following hypothesis feet. An economical conducted a hypothesis least on the claim that the average cost of eating a meal away from home decreased from 2015 to 2016. The average cost of eating a meal away from home In 2015 was $8.15 per person per meal. He used technology to complete the hypothesis test at the 0.05 level of significance and found a p-value = 0.07. Assume that all conditions for testing have been met and choose the statement that contains the correct conclusion. There is sufficient evidence to support the claim that the average cost of eating away from home has not changed since 2015. There is not sufficient evidence to support the claim that the average cost of eating away from home has decreased since 2015. There is sufficient evidence to support the claim that the average cost of eating away from home has decreased since 2015 There is not sufficient evidence to support the claim that the average cost of eating away from hom

Explanation / Answer

to test hypothesis ,

H0: mu = 8.15 vs H1: mu is not equal to 8.15

here alpha = 0.05

pvalue = 0.07

here pvalue =0.07 > alpha =0.05

so reject H0.

there is no sufficient evidence to support the claim that the average cost of eating away from home has decreased since 2015.

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