Mathematics, 05.07.2020 04:01 kgflol5692
In 1998, the average price for bananas was 51 cents per pound. In 2003, the following 7 sample prices (in cents) were obtained from local markets:
50, 53, 55, 43, 50, 47, 58.
Is there significant evidence to suggest that the average retail price of bananas is different than 51 cents per pound? Test at the 5% significance level.
Answers: 2
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In 1998, the average price for bananas was 51 cents per pound. In 2003, the following 7 sample price...
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