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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