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Question 22 6 points An industry trade publication stated that the average profit per customer for this industry was less than $4,300. The Excel file

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Question 22 6 points An industry trade publication stated that the average profit per customer for this industry was less than $4,300. The Excel file Sales Data provides data on a sample of customers. Your boss has asked you to check if the data supports this claim or not. 1. Write down the null hypothesis and the alternative hypothesis for this test. Be sure to mark which is the null and which is the alternative hypotheses to per credit for your answer. 2. Which test statistic will you chose? 3. Calculate the value of the test statistic upto at least 3 decimal places. 4. Calculate the critical value upto at least 3 decimal places. (Use 95% probability) 5. What is the conclusion of the hypothesis test and why? For the toolbar, press ALT+F10 (PC) or ALT-FN+F10 (Mac) 14px _IL Arial BI V S Paragraph E EA 3 c a v Question 22 6 points An industry trade publication stated that the average profit per customer for this industry was less than $4,300. The Excel file Sales Data provides data on a sample of customers. Your boss has asked you to check if the data supports this claim or not. 1. Write down the null hypothesis and the alternative hypothesis for this test. Be sure to mark which is the null and which is the alternative hypotheses to per credit for your answer. 2. Which test statistic will you chose? 3. Calculate the value of the test statistic upto at least 3 decimal places. 4. Calculate the critical value upto at least 3 decimal places. (Use 95% probability) 5. What is the conclusion of the hypothesis test and why? For the toolbar, press ALT+F10 (PC) or ALT-FN+F10 (Mac) 14px _IL Arial BI V S Paragraph E EA 3 c a v

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