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A study is performed in a large southern town to determine whether the average a

ID: 3306917 • Letter: A

Question

A study is performed in a large southern town to determine whether the average amount spent on food per four-person family in the town is significantly different from the national average. Assume the national average amount spent on food in a 4-person family is $150. DATA SET BELOW

(a) Identify the null and alternative hypothesis for this situation.

(b) For which values of the sample mean would you reject the null hypothesis at the 1% significance level? For which values of the sample mean would you reject the null hypothesis at the 10% significance level?

*I NEED FORMULAS IN EXCEL Thank you!

Family Weekly food expense 1 $198.23 2 $143.53 3 $207.48 4 $134.55 5 $182.01 6 $189.84 7 $170.36 8 $163.72 9 $155.73 10 $203.73 11 $191.19 12 $172.66 13 $154.25 14 $179.03 15 $130.29 16 $170.73 17 $194.50 18 $171.14 19 $175.19 20 $177.25 21 $166.62 22 $135.54 23 $141.18 24 $158.48 25 $159.78 26 $157.42 27 $98.40 28 $181.63 29 $128.45 30 $190.84 31 $154.04 32 $190.22 33 $161.48 34 $113.42 35 $148.83 36 $197.68 37 $135.49 38 $146.72 39 $176.62 40 $154.60 41 $178.39 42 $186.32 43 $157.94 44 $116.35 45 $136.81 46 $195.58 47 $129.44 48 $146.84 49 $165.63 50 $158.97 51 $210.00 52 $175.46 53 $159.69 54 $154.56 55 $152.95 56 $177.30 57 $129.23 58 $127.40 59 $167.48 60 $183.83 61 $157.39 62 $163.24 63 $165.01 64 $137.43 65 $177.37 66 $142.68 67 $150.04 68 $161.44 69 $166.13 70 $190.96 71 $187.19 72 $116.63 73 $159.73 74 $159.64 75 $142.44 76 $153.03 77 $143.12 78 $156.35 79 $182.70 80 $129.03 81 $119.06 82 $137.99 83 $144.20 84 $183.51 85 $169.67 86 $134.66 87 $202.94 88 $143.43 89 $170.52 90 $139.53 91 $159.31 92 $134.77 93 $165.48 94 $127.20 95 $168.16 96 $125.39 97 $167.96 98 $178.64 99 $134.38 100 $111.87

Explanation / Answer

One-Sample T: weekly food expense

Test of = 150 vs 150

Variable                          N   Mean StDev    SE Mean       99% CI           T         P

weekly food expense    100   2098   19389   1939           (-2995, 7190)    1.00     0.318

One-Sample T: weekly food expense

Test of = 150 vs 150

Variable                        N       Mean     StDev    SE Mean     90% CI              T              P

weekly food expense    100   2098      19389     1939         (-1121, 5317)      1.00        0.318