Answer to Question #202151 in Statistics and Probability for Delmundo

Question

Read and analyze the given problem. Provide a complete solution, Table, and a graph corresponds to the answer.

Due to ASF issue it was aired that the average price of a kilo of pork in MM is P195.00. However, a sample of 15 prices randomly collected from different markets in MM showed an average of P200.00 and with standard deviation of P9.50. using 0.05 significant level. What would be your conclusion for the price of pork in MM.

Answer 1

Dear Delmundo, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order