Question

2. The cost of SeaWorld tickets in the US varies from city to city. The standard...

2. The cost of SeaWorld tickets in the US varies from city to city. The standard deviation for prices for San Antonio, San Diego and Orlando is $21.79. A survey was performed to test the claim that the mean cost of a SeaWorld ticket (not considering special discounts) is $64.99. Fifteen tickets generate a mean cost of $54.99 with a standard deviation of $34.99. Do the data support the claim at 5% level?

a. What is Ho?
b.  What is Ha?
c. In words, CLEARLY state what your random variable X ¯ or P′ represents.
d. State the distribution to use for the test.
e. What is the test statistic?
f. What is the p-value?
g. What is alpha?
h. What is your decision and reason for decision?
i. What is your conclusion?
j. Construct a 95% confidence interval for the true mean or proportion.

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