A marketing consultant is hired by a major restaurant chain wishing to investigate the preferences and spending patterns oflunch customers. The CEO of the chain hypothesized that the average customer spends at least $13.50 on lunch. A surveyof 25 customers sampled at one of the restaurants found the average lunch bill per customer to be i = $14.50 . Based onprevious surveys, the restaurant informs the marketing manager that the standard deviation is o = $3.50 . Lunch bills areNormally distributed. To address the CEO's conjecture, the marketing manager carried out a hypothesis test ofHọ : µ = 13.50 vs. Ha : µ > 13.50.Using the test statistic (x – 13.50)/–the P-value for the hypothesis test equals:0.077.0.923.0.144.0.025.

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A marketing consultant is hired by a major restaurant chain wishing to investigate the preferences and spending pat lunch customers. The CEO of the chain hypothesized that the average customer spends at least $13.50 on lunch. A of 25 customers sampled at one of the restaurants found the average lunch bill per customer to be i = $14.50 . Bas previous surveys, the restaurant informs the marketing manager that the standard deviation is o = $3.50 . Lunch bi Normally distributed. To address the CEO's conjecture, the marketing manager carried out a hypothesis test of Họ : µ = 13.50 vs. H. : µ > 13.50. ,the P-value for the hypothesis test equals: Vn Using the test statistic (x – 13.50)/- 0.077.

A marketing consultant is hired by a major restaurant chain wishing to investigate the preferences and spending pat lunch customers. The CEO of the chain hypothesized that the average customer spends at least $13.50 on lunch. A of 25 customers sampled at one of the restaurants found the average lunch bill per customer to be i = $14.50 . Bas previous surveys, the restaurant informs the marketing manager that the standard deviation is o = $3.50 . Lunch bi Normally distributed. To address the CEO's conjecture, the marketing manager carried out a hypothesis test of Họ : µ = 13.50 vs. H. : µ > 13.50. ,the P-value for the hypothesis test equals: Vn Using the test statistic (x – 13.50)/- 0.077.

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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