Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Departmental Store Agora claims that their mean weekly sales of Aerosol was at least 2,400 packages over the past 6 months and population distribution is
- Departmental Store Agora claims that their mean weekly sales of Aerosol was at least 2,400 packages over the past 6 months and population distribution is unknown. The manager wants to check if the sales has increased in recent times. He obtained a random obtained sample of sales data from 61 stores and found that the sample mean is 3,593 packages with standard deviation 4919. At 8% significance level, using critical value approach see if the claim is true or not.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started