Question

# Population Standard Deviation 5.0000 Sample Size 11 Sample Mean 54.9091 Confidence Interval Confidence Coefficient 0.98 Lower...

 Population Standard Deviation 5.0000 Sample Size 11 Sample Mean 54.9091 Confidence Interval Confidence Coefficient 0.98 Lower Limit Upper Limit Hypothesis Test Hypothesized Value 50 Test Statistic P-value (Lower Tail) P-value (Upper Tail) P-value (Two Tail) 0.0012
 Sample Size 11 Sample Mean 54.9091 Sample Standard Deviation 5.5759 Confidence Interval Confidence Coefficient 0.98 Lower Limit Upper Limit Hypothesis Test Hypothesized Value 50 Test Statistic P-value (Lower Tail) P-value (Upper Tail) P-value (Two Tail) 0.0154

Studies show that massage therapy has a variety of health benefits. Eleven typical one-hour massage therapy sessions were randomly selected, the amount charged for those sessions recorded, and this information put into Excel. Does the data suggest that the average charge for a typical one-hour massage therapy session is greater than \$50 at α=.01? Based on this paragraph of text, use the correct excel output above to answer the following question.

For the hypothesis stated above, what is(are) the critical value(s)?

 a. 2.33 b. 2.718 c. None of the answers is correct d. 2.764 e. 2.575