Question
Q3. Hypotheses testing and decision rules. Data have been collected from two casual dining restaurants in a Midwestern city. a. Formulate the null hypothesis (H0)
Q3. Hypotheses testing and decision rules. Data have been collected from two casual dining restaurants in a Midwestern city.
a. Formulate the null hypothesis (H0) and the alternative hypothesis (H1) to determine if statistical evidence suggests that the average profit per customer in restaurant A is greater than the average profit per customer in restaurant B.
b. Is this hypothesis test a one-sample test or a two-sample test?
c. Is this hypothesis test a lower one-tailed test, an upper one-tailed test, or a two-tailed test?
d. State the decision rule for this hypothesis.
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