At a 0.01 level of significance, is there sufficient evidencethat the average is different from 24?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
icon
Related questions
Question
The manager of the women’s dress department of a store wants to know whether the true average number of women’s dresses sold per day is 24. In a random sample of 36 days, it has been found that the average number of dresses sold is 23 with standard deviation of 7 dresses. At a 0.01 level of significance, is there sufficient evidencethat the average is different from 24?
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill