Mathematics, 23.08.2021 20:40 marusiaturanova2004

According to the National Honey Board, the mean price for honey is $6.05 per pound. You think $6.05 per pound is quite low and believe the price is much higher than that. You collect data from a sample of 33 jars of honey and find the sample mean price equal to $6.20 per pound and the standard deviation equal to $0.55 per pound. Is the average dollars per pound of honey (from your sample) statistically higher than the standard

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According to the National Honey Board, the mean price for honey is $6.05 per pound. You think $6.05...