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. The Excel file Sales Data provides data on a sample of customers. The company believes that its average profit is no less than $5000.
. The Excel file Sales Data provides data on a sample of customers. The company believes that its average profit is no less than $5000. However, some analysts feel that its average profit may actually be lower. Test a hypothesis to verify this. If, for the same sample and the same value of the sample mean, the sample standard deviation equals $1000, would the conclusion change?
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