Following are the prices in dollars of a random sample of ten women\'s bicycles.
ID: 3220379 • Letter: F
Question
Following are the prices in dollars of a random sample of ten women's bicycles. A consumer organization reports that the mean price of women's bicycles is $145. You will use the information in the table find out whether the mean price is different than $145. Assume the condition are met. What conclusion can you draw from your hypothesis test with a significance level of 0.05? I fail to reject the null hypothesis because the p-value is more than 0.05. There is not enough evidence to conclude that the mean price has changed I accept the null hypothesis because the data show it to be true. I reject the null hypothesis because the data has values different from $145. There is evidence that price vary. I reject the null hypothesis because the p-value is less than 0.05. There is evidence that the mean price has changed.Explanation / Answer
for the given poblem the p-values is 0.387 is greater than 0.05 . option A is the correct one