The publisher of Celebrity Living claims that the mean sales for personality magazines that feature people such as Megan Fox or Jennifer Lawrence are 1.5 million copies per week. A sample of 10 comparable titles shows a mean weekly sales last week of 1.3 million copies with a standard deviation of 0.9 million copies.

Respuesta :

Answer and Explanation:

The computation is shown below:

For determining each part first we have to do the following calculations

Critical value of t = 3.250

Null hypothesis = 1.5

Alternative hypothesis ≠ 1.5

Population mean [tex]\mu[/tex] = 1.5

Sample mean [tex]\bar X[/tex]= 1.30

Sample size [tex]n[/tex] = 10.00

Sample standard deviation [tex]s[/tex] = 0.900

Standard error of mean is

[tex]s_x = \frac{s}{\sqrt{n} }[/tex]

[tex]= \frac{0.900}{\sqrt{10.00}}[/tex]

= 0.2846

Test static is

[tex]t = \frac{x - \mu}{s_x}[/tex]

[tex]= \frac{1.30 - 1.5}{0.2846}[/tex]

= -0.703

a. The null hypothesis is

μ = 1.5

Alternate Hypothesis is

μ ≠ 1.5

b. reject [tex]H_o[/tex] if t is not between

-3.250 and 3.250

c. The value of the test statistic is

t = -0.703

(as we have computed above)

d. fail to reject [tex]H_o[/tex] as this data does not contradict the publisher claim

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