a. Set up the null and alternative hypothesis (using mathematical notation/numbers and interpretthem in context of the problem)b. Calculate the test statistic for the test from part a. 3. A small business in Irvine that sells clothing makes roughly $35 per transaction. The CEOsuspects that the business has recently been making less than usual. 40 transactions are randomlysampled from recent transactions and the dollar amount of the transaction recorded. The samplehas a mean of $32.50 and standard deviation of $2.50.

A numerical value calculated from sample data in a hypothesis test that helps determine the strength…

Answered: a. Set up the null and alternative…

a. Set up the null and alternative hypothesis (using mathematical notation/numbers and interpret them in context of the problem) b. Calculate the test statistic for the test from part a.

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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