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A judge states that the average amount of money stolen during a break in is greater than $27.50 A sample of 50 incidents is reviewed
A judge states that the average amount of money stolen during a break in is greater than $27.50 A sample of 50 incidents is reviewed and show that the average stolen amount is $29.30. For an alpha = 0.05 and a standard deviation of the sample is $5. Should I reject the null hypothesis?
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