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Week 12: Chapter S X C Get Homework Hel X C We Wish To Estima X C X Week 11: Chapte X Course Hero X
Week 12: Chapter S X C Get Homework Hel X C We Wish To Estima X C X Week 11: Chapte X Course Hero X + X C A https:/ightingale.instructure.com/courses/3345304/assignments/33452053?m.. A Q . Question 4 G 7 pts 0 1 99 0 Details ements The average McDonald's restaurant generates $3.4 million in sales each year with a standard deviation of 0.5. Laura wants to know if the average sales generated by Mcdonald's restaurants in Alabama is different than the worldwide average. She surveys 35 restaurants in Alabama and finds the following data (in millions of dollars): 3.4, 3.5, 3.6, 3.8, 4, 3.6, 4, 3.4, 3.7, 3.4, 2.9, 4.2, 4.7, 2.8, 2.7, 3.7, 3.9, 3.9, 3.8, 3.7, 3.6, 3.2, 3.1, 3.6, 3.6, 3.4, 4.1, 3.7, 3.2, 3.3, 3.3, 3.7, 3.2, 3.9, 3.2 Perform a hypothesis test using a 4% level of significance. Step 1: State the null and alternative hypotheses. Ho: Q VRY llery H.: Q V V am Proctor (So we will be performing a Select an answer V test.) Step 2: Assuming the null hypothesis is true, determine the features of the distribution of point estimates using the Central Limit Theorem. tion By the Central Limit Theorem, we know that the point estimates are [Select an answer V with distribution mean and distribution standard deviation Step 3: Find the p-value of the point estimate. ebook p-value orms Step 4: Make a Conclusion About the null hypothesis. Since the p-value (, we Select an answer the null hypothesis. O We cannot conclude that the mean sales of Mcdonald's restaurants in Alabama differ from average McDonald's sales worldwide. O We conclude that the mean sales of McDonald's restaurants in Alabama differ from average McDonald's sales worldwide. Submit Question Type here to search A 9:06 PM 3/25/2022 22
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