The number of "destination weddings" has skyrocketed in recent years. for example, many couples are opting to have their weddings in the caribbean. a caribbean vacation resort recently advertised in bride magazine that the cost of a caribbean wedding was less than $30,000. listed below is a total cost in $000 for a sample of 8 caribbean weddings.
29.1 28.5 28.8 29.4 29.8 29.8 30.1 30.6
1. at the 0.05 significance level, is it reasonable to conclude the mean wedding cost is less than $30,000 as advertised?
2. state the null hypothesis and the alternate hypothesis. use a 0.05 level of significance. (enter your answers in thousands of dollars.)