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A market survey of 386 people has shown that these people intend to spend an average of $14.83 each for your product next year, with

A market survey of 386 people has shown that these people intend to spend an average of

$14.83 each for your product next year, with a standard deviation of $2.12. The goal was to achieve an average of $15.

b. Now answer the question with inferential statistics: Hypothesis test

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