Question
The credit manager of a discount department store believes that the average age of his charge account customers is less than 40 years. A random
The credit manager of a discount department store believes that the average age of his charge account customers is less than 40 years. A random sample of 100 charge account customers revealed an average age of 36 years and a standard deviation of 10 years. Do these data provide sufficient evidence to support the credit manager's belief?
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Business Statistics In Practice
Authors: Bruce Bowerman, Richard O'Connell
6th Edition
0073401838, 978-0073401836
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