22.A tourist agency in Florida claims the mean daily cost of meals and lodging for a family of four traveling in Florida is $284. You work for a consumer protection advocate and want to test this claim. In a random sample of 50 families of four traveling in Florida, the mean daily cost of meals and lodging is $292 and the standard deviation is $25. At = 0.05, do you have enough evidence to reject the agency's claim?
(d) (DESIGN) Determine decision rule (critical value method)
(e) (DATA)Conduct the test and circleyour decision
(f) (CONCLUSION) State your overall conclusion i language that is clear, relates to the original problem and is consistent with your decision.(DESIGN) Determine the statistical model (test statistic) Test of mean vs. Hypothesized Value,
(b)(DESIGN) State Significance Level of the test and explain what it means.
(d)(DESIGN) Determine the statistical model (test statistic) Test of mean vs. Hypothesized Value,