Multiple Choice
A consumer product magazine recently ran a story concerning the increasing prices of digital cameras. The story stated that digital camera prices dipped a couple of years ago, but now are beginning to increase in price because of added features. According to the story, the average price of all digital cameras a couple of years ago was $215.00. A random sample of cameras was recently taken and entered into a spreadsheet. It was desired to test to determine if that average price of all digital cameras is now more than $215.00. The information was entered into a spreadsheet and the following printout was obtained:
One-Sample T Test
Null Hypothesis:
Alternative Hyp:
Cases Included 22
Is a sample size large enough to utilize the central limit theorem in this inferential procedure?
A) Yes, since the central limit theorem works whenever means are used
B) , since
C) Yes, since both np and nq are greater than or equal to 15
D) No, since either np or is less than 15
Correct Answer:

Verified
Correct Answer:
Verified
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