Weekly cost of vaping in the population

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In a sample of 51 consumers the average weekly cost of vaping was 152 dollars. Suppose you know that the standard deviation of weekly cost of vaping in the population is 115 dollars. Using a 10% significance level, would you be able to conclude that the average weekly cost of vaping in the population is larger than 130 dollars? Show your work.

Reference no: EM132849148

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