2.A researcher claims that the average cost of men’s athletic shoes is less than $60. He selects a random sample of 25 pairs of shoes with costs listed below. Is there enough evidence to support the researcher’s claim at ?
8875827487
7579907383
8281788777
8778888082
7976737788
Small Sample Hypothesis Test)
Pre-Step: Calculate the statistics from your sample.
Mean: __________
Standard Deviation: __________
Size of Sample: __________
Step I: State the Null and Alternative Hypothesis
Step 2:
b.One-Tail or Two-Tail Test: ________________
e.Choose a Test Statistic: __________
f.Critical Value of the Test Statistic: __________
g.Label your Decision Rule:
Step 3:Calculate the Statistic from the Data
Step 4:Clearly state your conclusion.
alpha level=0.01