In the past, a business noted its mean sales order size was $100. This business is interested in testing whether a recent advertising campaign has increased its mean sales order size. A random sample of 60 orders produced a sample mean of $105. Assume the standard deviation is known to be $15 and sales order size is normally distributed. What is the test statistic? 2.36 2.11 2.58 1.05 1.49
In the past, a business noted its mean sales order size was $100. This business is interested in testing whether a recent advertising campaign has increased its mean sales order size. A random sample of 60 orders produced a sample mean of $105. Assume the standard deviation is known to be $15 and sales order size is normally distributed. What is the test statistic? 2.36 2.11 2.58 1.05 1.49
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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