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A Consumer Product Magazine Recently Ran a Story Concerning the Increasing

Question 12

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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\$ 215.00 . A random sample of n=22n = 22 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\$ 215.00 . Find a rejection region appropriate for this test if we are using α=0.05\alpha = 0.05 .


A) Reject H0\mathrm { H } _ { 0 } if t>2.080\mathrm { t } > 2.080 or t<2.080\mathrm { t } < - 2.080
B) Reject H0\mathrm { H } _ { 0 } if t>1.721\mathrm { t } > 1.721
C) Reject H0\mathrm { H } _ { 0 } if t>1.717\mathrm { t } > 1.717
D) Reject H0\mathrm { H } _ { 0 } if t>1.725\mathrm { t } > 1.725

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