Mathematics, 17.04.2020 22:35 fancycar14
A magazine article reported that college students spend an average of $100 on a first date. A university sociologist believed that number was too high for the students at the university. The sociologist surveyed 32 randomly selected students from the university and obtained a sample mean of $92.23 for the most recent first dates. A one-sample t-test resulted in a P-value of 0.026. Which of the following is a correct interpretation of the P-value?
a. The probability is 0.026 that the mean amount of money students from the university spend on a first date is less than $100.
b. The probability is 0.026 that the mean amount of money students from the university spend on a first date is less than $92.23.
c. The probability is 0.026 that the mean amount of money students from the university spend on a first date is more than $92.23.
d. If the mean amount of money that students from the university spend on a first date is $100, the probability is 0.026 that a randomly selected group of 32 students from the university would spend a mean of $92.23 or less on their most recent first dates.
e. If the mean amount of money that students from the university spend on a first date is less than $100, the probability is 0.026 that a randomly selected group of 32 students from the university would spend a mean of $92.23 or less on their most recent first dates.
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