A group of local businessmen is thinking about developing land into a shopping mall. To evaluate the desirability of the location, they count the number of shoppers who visit the neighboring shopping center each day. A random sample of 53 days reveals a daily average of 116 shoppers with a standard deviation of 45 shoppers. The businessmen will develop the land if the average number of shoppers per day is more than 100. Based on the sample data, should the businessmen develop the land? Perform a hypothesis test and use a significance level of a = 0.02. Assume the population of the number of daily shoppers is approximately normally distributed. Step 1 of 3: State the null and alternative hypotheses for the test. Fill in the blank below. Answer Ho: μ = 100 Ha M O < O # 100 Keypad Keyboard Shortcu Tables

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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SECTION 10.3

Step 1 of 3 : State the null and alternative hypotheses for the test. Fill in the blank below.

Step 2 of 3 :Compute the value of the test statistic. Round your answer to three decimal places.

Step 3 of 3: Do we reject the null hypothesis? Is there sufficient or insufficient data?

 

A group of local businessmen is thinking about developing land into a shopping mall. To evaluate the desirability of the location, they count
the number of shoppers who visit the neighboring shopping center each day. A random sample of 53 days reveals a daily average of 116
shoppers with a standard deviation of 45 shoppers. The businessmen will develop the land if the average number of shoppers per day is
more than 100. Based on the sample data, should the businessmen develop the land? Perform a hypothesis test and use a significance
level of a = 0.02. Assume the population of the number of daily shoppers is approximately normally distributed.
Step 1 of 3: State the null and alternative hypotheses for the test. Fill in the blank below.
Answer
Ho :μ = 100
Ha M
H
A
100
Keypad
Keyboard Shortcuts
Tables
Transcribed Image Text:A group of local businessmen is thinking about developing land into a shopping mall. To evaluate the desirability of the location, they count the number of shoppers who visit the neighboring shopping center each day. A random sample of 53 days reveals a daily average of 116 shoppers with a standard deviation of 45 shoppers. The businessmen will develop the land if the average number of shoppers per day is more than 100. Based on the sample data, should the businessmen develop the land? Perform a hypothesis test and use a significance level of a = 0.02. Assume the population of the number of daily shoppers is approximately normally distributed. Step 1 of 3: State the null and alternative hypotheses for the test. Fill in the blank below. Answer Ho :μ = 100 Ha M H A 100 Keypad Keyboard Shortcuts Tables
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