2) SLT Mobitel would like to test the hypothesis that the average revenue per retail user for Etisalat's customers equals $50. A random sample of thirty two Etisalat's customers provided an average revenue of $54.70. The population standard deviation for the revenue per retail user is believed to be $11.00. SLT Mobitel would like to set an alpha level of 0.05. Test this hypothesis using the critical value approach.
2) SLT Mobitel would like to test the hypothesis that the average revenue per retail user for Etisalat's customers equals $50. A random sample of thirty two Etisalat's customers provided an average revenue of $54.70. The population standard deviation for the revenue per retail user is believed to be $11.00. SLT Mobitel would like to set an alpha level of 0.05. Test this hypothesis using the critical value approach.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
![2) SLT Mobitel would like to test the hypothesis that the average revenue per retail user for
Etisalat's customers equals $50. A random sample of thirty two Etisalat's customers provided an
average revenue of $54.70. The population standard deviation for the revenue per retail user is
believed to be $11.00. SLT Mobitel would like to set an alpha level of 0.05. Test this hypothesis
using the critical value approach.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa67304b1-3709-41d7-a763-4eb6f13a6e63%2F9c281544-d946-4ae1-9488-3627dcd912df%2F42jaduy_processed.png&w=3840&q=75)
Transcribed Image Text:2) SLT Mobitel would like to test the hypothesis that the average revenue per retail user for
Etisalat's customers equals $50. A random sample of thirty two Etisalat's customers provided an
average revenue of $54.70. The population standard deviation for the revenue per retail user is
believed to be $11.00. SLT Mobitel would like to set an alpha level of 0.05. Test this hypothesis
using the critical value approach.
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