Mathematics, 24.04.2020 03:46 Lugo7006
6% of all merchandise purchased at department stores nationally is returned. Your store did a sample o 100 purchased items and found that 11 of the items were returned. You want to see if your store has a return significantly different from the national average with a significance level of 0.05. rate that is :
1.For each number in the problem, give the appropriate mathematical symbol associated with that number
a. 696-.06-
b.100
2.What is the point estimate of the proportion of items returned at your store?
3.State the null and alternative hypotheses.
4.Compute the value of the test statistic
5.Find the p-value.
6.What is your conclusion in statistical terms?
7.What is your conclusion in business terms?
Answers: 2
Mathematics, 21.06.2019 17:00, Calvinailove13
An air conditioning system can circulate 350 cubic feet of air per minute. how many cubic yards of air can it circulate per minute?
Answers: 3
6% of all merchandise purchased at department stores nationally is returned. Your store did a sample...
Mathematics, 28.09.2019 21:30
Physics, 28.09.2019 21:30
Physics, 28.09.2019 21:30
Mathematics, 28.09.2019 21:30
Mathematics, 28.09.2019 21:30