Answer:
alternative hypothesis : H₁ :
Recent Gasoline surveys felt that gasoline price in Texas was significantly lower than the national average
Alternative Hypothesis : H₁: μ < $1.298 a gallon
Step-by-step explanation:
Explanation:-
Given A recent gasoline survey said that the national average price of gasoline was $1.298 a gallon
Population average μ= $1.298 a gallon
sample size 'n' = 37
Sample mean (x⁻) = $1.192 a gallon
Sample standard deviation 'S' = $0.0436
Null hypothesis :H₀ : μ = $1.298 a gallon
Alternative Hypothesis : μ < $1.298 a gallon
Degrees of freedom : ν = n-1= 37-1=36
t₀.₀₂₅ = 1.688
Test statistic
[tex]t = \frac{x^{-}-mean }{\frac{S}{\sqrt{n} } }[/tex]
[tex]t = \frac{1.192-1.298 }{\frac{0.0436}{\sqrt{37} } }[/tex]
t = -14.8044
|t| = |-14.8044| > 1.688
Null hypothesis is rejected
Alternative hypothesis is accepted
Recent Gasoline surveys felt that gasoline price in Texas was significantly lower than the national average