Question
According toresearch, holiday shoppers spent an average of $ 372 over a holiday weekend in 2008. The accompanying data show the amount spent by a
According toresearch, holiday shoppers spent an average of $372 over a holiday weekend in 2008. The accompanying data show the amount spent by a random sample of holiday shoppers during the same weekend in 2009. Complete parts a and b below.
a. Retailers were concerned that the recent economic downturn was going to affect holiday sales. Does this sample support these concerns using =0.10?
Determine the null and alternative hypotheses. Choose the correct answer below.
A.H0:=372 and H1:372
B.H0:372 and H1: >372
C.H0:372 and H1:<372
Determine the criticalvalue(s).
The criticalvalue(s) is(are)
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