2019-02-01T10:57:17+00:00 essay assignments

The US Department of Agriculture reports that the mean cost of raising a child from birth to age 2 in a rural area is $8,390.

This paper concentrates on the primary theme of The US Department of Agriculture reports that the mean cost of raising a child from birth to age 2 in a rural area is $8,390. in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 79. For more details and full access to the paper, please refer to the site.

Hypothesis Testing: Mean cost of raising a child

The US Department of Agriculture reports that the mean cost of raising a child from birth to age 2 in a rural area is $8,390. You believe that this value is incorrect, so you select a random sample of 900 children (age 2) and find that the mean cost is $8,275 with a standard deviation of $1,540. At α = 0.05, is there enough evidence to conclude that the mean cost is different from $8,390?


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