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So I have an statistic that says that the average price of a hamburger in USA is 2.65$ so I need to use a hypothesis
So I have an statistic that says that the average price of a hamburger in USA is 2.65$
so I need to use a hypothesis testing procedure to analyze the data and give supporting reasons for the choice of the procedure usedand also include the p-value of the test and the level of significance.
here is the data I have :
- McDonalds = 2.19
- Burger King = 2.89
- Shake shack = 6.79
- Wendy's = 2.81
- Dairy Queen = 5.99
- Five Guys = 10.67
- Applebee's = 13.19
- Outback = 14.28
and here is some data I collected
Mean = 7.3513
Median = 6.39
Mode = 2.19
STD = 4.8173
SEM = 1.7032
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