subject
Mathematics, 02.04.2020 01:52 itzyagirlshy

A marketing consultant is hired by a major restaurant chain wishing to investigate the preferences and spending patterns of lunch customers. The CEO of the chain hypothesized that the average customer spends at least $13.50 on lunch. A survey of 25 customers sampled at one of the restaurants found the average lunch bill per customer to be ¯ x = $ 14.50 . Based on previous surveys, the restaurant informs the marketing manager that the standard deviation is σ = $ 3.50 . To address the CEO’s conjecture, the marketing manager decides to carry out a test of hypothesis. The null hypothesis is given by H 0 : μ = 13.50 . The hypothesis test is set up to provide the marketing manager with: evidence against the null hypothesis in favor of the alternative. evidence in favor of the null hypothesis. proof that the null hypothesis is true. evidence against the alternative hypothesis in favor of the null hypothesis.

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 13:00, bellagracebulle8018
Me what is the value of x? showing work would be appreciated - ! : )
Answers: 1
image
Mathematics, 21.06.2019 15:40, sheabenitez305
Jonathan pays $1.90 per pound for potatoes. he buys 8.3 pounds of potatoes. he determines that he will pay $15.77, before tax, for the potatoes. which best describes the reasonableness of jonathan’s solution? jonathan’s answer is reasonable because there are two decimal places in the factors and two in the product. jonathan’s answer is unreasonable because there are three decimal places in the factors and two in the product. jonathan’s answer is reasonable because is 16, and 16 is close to 15.77. jonathan’s answer is unreasonable because is 8, and 8 is not very close to 15.77.
Answers: 1
image
Mathematics, 21.06.2019 20:30, PatienceJoy
If there is 20 dogs in the shelter and 5 dogs get homes, and then 43 more dogs come. how many dogs are there in the shelter?
Answers: 1
image
Mathematics, 21.06.2019 21:00, rpmgamer
Seattle, washington is known for being rainy. one day last month, 8 inches of rain fell in 1 1/2 hours. what us the rate of the rainfall expressed in ft per plzzz write a proportion i will give you 100 points
Answers: 1
You know the right answer?
A marketing consultant is hired by a major restaurant chain wishing to investigate the preferences a...

Questions in other subjects: