At a carpet store, the mean sale amount is $1250 per customer. It is believed that the mean sales amount increases during promotion. A random sample of 45 carpet purchases during a promotion was selected, sample mean sales amount is = 1315. Assume o = $155. Implement hypothesis test to check if mean sales amount increases during promotion, and let a = 0.01. Require to solve by both P-value method and reject region method.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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At a carpet store, the mean sale amount is $1250 per customer. It is believed that the mean sales amount increases
during promotion. A random sample of 45 carpet purchases during a promotion was selected, sample mean sales
amount is = 1315. Assume o = $155.
Implement hypothesis test to check if mean sales amount increases during promotion, and let a = 0.01.
Require to solve by both P-value method and reject region method.
Transcribed Image Text:At a carpet store, the mean sale amount is $1250 per customer. It is believed that the mean sales amount increases during promotion. A random sample of 45 carpet purchases during a promotion was selected, sample mean sales amount is = 1315. Assume o = $155. Implement hypothesis test to check if mean sales amount increases during promotion, and let a = 0.01. Require to solve by both P-value method and reject region method.
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