Question
A grocery store has an average sales of $8000 per day. The store introduced several advertising campaigns in order to increase sales. To determine whether
A grocery store has an average sales of $8000 per day. The store introduced several advertising campaigns in order to increase sales. To determine whether or not the advertising campaigns have been effective in increasing sales, a sample of 100 days of sales was selected. It was found that the average was $8200 per day. From past information, it is known that the standard deviation of the population is $1500.
A) The correct null hypothesis for this problem is a.> 8200.
b.< 8000.
c. 8200.
d. = 8000.
B) The value of the test statistic is
a..133.
b.13.33.
c..013.
d.1.33.
C) The p-value is
a..1333.
b.1.3333.
c..0918.
d..9082.
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