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 . 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 . Find a rejection region appropriate for this test if we are using .
A) Reject if or
B) Reject if
C) Reject if
D) Reject if
Correct Answer:

Verified
Correct Answer:
Verified
Q7: It has been estimated that the
Q8: An educational testing service designed an
Q9: For the given binomial sample size
Q10: It is desired to test
Q11: State University uses thousands of fluorescent
Q13: The null hypothesis represents the status quo
Q14: A supermarket sells rotisserie chicken at
Q15: A revenue department is under orders
Q16: Data were collected from the sale
Q17: If I specify <span class="ql-formula"