An Etsy store receives an average of 6.5 returns per day from online shoppers. For a sample

Question:

An Etsy store receives an average of 6.5 returns per day from online shoppers. For a sample of 12 days, it received the following numbers of returns.
0 4 3 4 9 4 5 9 1 6 7 10At the .01 significance level, can we conclude the mean number of returns is less than 6.5?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistical Techniques In Business And Economics

ISBN: 9781260239478

18th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

Question Posted: