fast-food
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
A fast-food establishment has been averaging about $2000 of business
per weekday. To see whether business is changing due to a deteriorating
economy (which may or may not be good for the fast-food industry),
management has decided to carefully study the figures for the next 8 days.
Suppose the figures are
2050, 2212, 1880, 2121, 2205, 2018, 1980, 2188
(a) What are the null and the alternative hypotheses?
(b) Are the data significant enough, at the 5 percent level, to prove that
a change has occurred?
(c) What about at the 1 percent level?
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