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Memorial Day Spending The National Retail Federation conducted a national randomly-selected survey of 8,526 consumers on September 1-9, 2009 asking households how much they plan

Memorial Day Spending

The National Retail Federation conducted a national randomly-selected survey of 8,526 consumers on September 1-9, 2009 asking households how much they plan to spend on Memorial Day. I would like to know if the average amount households planned to spend on Memorial Day is less than $57.

State the appropriate null and alternative hypotheses to be tested. Use words and symbols.

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