A coffee shop owner decides whether to keep her business open during the quarantine restrictions. She calculated that to break even the average daily revenue must exceed KZT130000. Using the data from the first 20 days of the quarantine period, she decides to statistically test the hypothesis that she can break even. Using an appropriate statistical test and a 99% confidence level, in which case below can she reject the null that the revenue does not exceed the break-even threshold? Select one: a. The average recorded revenue is KZT150000 and sample standard deviation is KZT70000 b. The average recorded revenue is KZT140000 and sample standard deviation is KZT12000 c. The average recorded revenue is KZT130000 and sample standard deviation is KZT13000 d. The average recorded revenue is KZT135000 and sample standard deviation is KZT10000 e. In none of the cases

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A coffee shop owner decides whether to keep her business open during the quarantine
restrictions. She calculated that to break even the average daily revenue must exceed
KZT130000. Using the data from the first 20 days of the quarantine period, she decides to
statistically test the hypothesis that she can break even. Using an appropriate statistical test
and a 99% confidence level, in which case below can she reject the null that the revenue does
not exceed the break-even threshold?
Select one:
a. The average recorded revenue is KZT150000 and sample standard deviation is
KZT70000
b. The average recorded revenue is KZT140000 and sample standard deviation is
KZT12000
c. The average recorded revenue is KZT130000 and sample standard deviation is
KZT13000
d. The average recorded revenue is KZT135000 and sample standard deviation is
KZT10000
e. In none of the cases
Transcribed Image Text:A coffee shop owner decides whether to keep her business open during the quarantine restrictions. She calculated that to break even the average daily revenue must exceed KZT130000. Using the data from the first 20 days of the quarantine period, she decides to statistically test the hypothesis that she can break even. Using an appropriate statistical test and a 99% confidence level, in which case below can she reject the null that the revenue does not exceed the break-even threshold? Select one: a. The average recorded revenue is KZT150000 and sample standard deviation is KZT70000 b. The average recorded revenue is KZT140000 and sample standard deviation is KZT12000 c. The average recorded revenue is KZT130000 and sample standard deviation is KZT13000 d. The average recorded revenue is KZT135000 and sample standard deviation is KZT10000 e. In none of the cases
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