Question
Assume that your competitor's average sale price is 4000$ higher than your mean of the initial dataset (30 cars). Your claim is that your shops'
Assume that your competitor's average sale price is 4000$ higher than your mean of the initial dataset (30 cars). Your claim is that your shops' prices, in general, are lower than your competitors' average. Set up a hypothesis test.
which direction would the null fall under?
A left-sided test: 0: = : <
A right sided test : 0: = : > c
. A two sided test: 0: = :
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Challenging Math Problems
Authors: Terry Stickels
1st Edition
0486808572, 9780486808574
