Compose a 500 words assignment on homework 5. Needs to be plagiarism free! Statistics Assignment Historically, it has been shown that the average amount of money a typical college spends during spring

Posted: December 30th, 2021

Compose a 500 words assignment on homework 5. Needs to be plagiarism free! Statistics Assignment Historically, it has been shown that the average amount of money a typical college spends during spring break is $160.00. The Daytona Beach Tourism Commission believes that the average amount of money spent increased during the most recent spring break. They surveyed 81 students and found that the mean daily spending over the most recent spring break was $166.00 with a sample standard deviation of $20.25. Presume that the money spent by college students during spring break is normally distributed. Is there sufficient evidence to suggest the average amount of money spent increased during the most recent spring break at the 10% level of significance?