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A city plans to pay for a new parking deck through parking fees. In order to do so, the city hopes to bring in an average of more than $120 daily on weekdays. For a random sample of 35 weekdays, daily fees collected averaged $126, with a standard deviation of $15. At the a = 0.10 level of significance, can we conclude that the city is meeting its goal of more than $120 in fees per day? Step 2 of 5: Calculate the test statistic. Show your work!

A city plans to pay for a new parking deck through parking fees. In order to do so, the city hopes to bring in an average of more than $120 daily on weekdays. For a random sample of 35 weekdays, daily fees collected averaged $126, with a standard deviation of $15. At the a = 0.10 level of significance, can we conclude that the city is meeting its goal of more than $120 in fees per day? Step 2 of 5: Calculate the test statistic. Show your work!

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 11PPS
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Question 1 A city plans to pay for a new parking deck through parking fees. In order to do so, the city hopes to bring in an average of more than $120 daily on weekdays. For a random sample of 35 weekdays, daily fees collected averaged $126, with a standard deviation of $15. At the a = 0.10 level of significance, can we conclude that the city is meeting its goal of more than $120 in fees per day? Step 2 of 5: Calculate the test statistic. Show your work!
Transcribed Image Text:Question 1 A city plans to pay for a new parking deck through parking fees. In order to do so, the city hopes to bring in an average of more than $120 daily on weekdays. For a random sample of 35 weekdays, daily fees collected averaged $126, with a standard deviation of $15. At the a = 0.10 level of significance, can we conclude that the city is meeting its goal of more than $120 in fees per day? Step 2 of 5: Calculate the test statistic. Show your work!
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