Question

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 -test resulted in a -value of 0.026. Which of the following is a correct interpretation of the -value? 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.

Answer 1

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.

Explanation: