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6. Bajirao is considering investing in a Mary Brown franchise and would like to test the hypothesis that the average monthly sales exceed RM70,000. A

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6. Bajirao is considering investing in a Mary Brown franchise and would like to test the hypothesis that the average monthly sales exceed RM70,000. A random sample of 7 Mary Brown restaurants had an average monthly sale of RM79,640 with a sample standard deviation of RM7,989. Test Bajirao's claim using a = 0.05 that the average monthly sales of Mary Brown restaurants exceed RM70.000. Answer the following questions. the fold a. Identify the claim and state the H, and H.. (1 Mark) . Find the critical value. (1 Mark) Calculate the test statistic. (1 Mark) Make a decision to reject or fail to reject the Ho. (1 Mark) . Interpret the decision in the context of the original claim. (1 Mark) [Total: 5 Marks]

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