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According to a University Center for Logistics Management, 6% of all merchandise sold in the United States gets returned. A Seattle department store sampled 89
According to a University Center for Logistics Management, 6% of all merchandise sold in the United States gets returned. A Seattle department store sampled 89 items sold in January and found that 8 of the items were returned. If you have the following null and alternative hypotheses for a test you are running: HM}: 0.06 H53) 0.1 H1:p > 0.1 The test is: left-tailed right-tailed two-tailed The test statistic is: (to 3 decimals) The p-value is: (to 4 decimals) Based on this we: O Reject the null hypothesis O Fail to reject the null hypothesis
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