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Mathematics, 07.06.2020 04:01 mayhy100
Bruce, a store owner, would like to determine if a new advertising initiative has increased his sales per day compared to last year. He gathers information on 14 random sales days and conducts a hypothesis test about the sales revenue during a day using a significance level of 0.5 %. The mean revenue per day prior to the initiative was 650 dollars. df t0.10 t0.05 t0.025 t0.01 t0.005 ... ... ... ... ... ...13 1.350 1.771 2.160 2.650 3.01214 1.345 1.761 2.145 2.624 2.99715 1.341 1.753 2.131 2.602 2.947 16 1.337 1.746 2.120 2.583 2.921 Determine the critical value(s) using the partial t-table above. If entering two critical values, use +-.
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Bruce, a store owner, would like to determine if a new advertising initiative has increased his sale...
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