Maxwell’s hot chocolate is concerned about the effect of the recent year long coffee advertising campaign sales. The average weekly hot chocolate sales two years ago was 984.7 pounds and the standard deviation was 72.6 pounds. Maxell’s has randomly selected 39 weeks from the past year and found average sales of 912.1 pounds. State appropriate hypothesis for testing whether hot chocolate sales have decreased. At the 2 percent significance level, test these hypotheses.
Maxwell’s hot chocolate is concerned about the effect of the recent year long coffee advertising campaign sales. The average weekly hot chocolate sales two years ago was 984.7 pounds and the standard deviation was 72.6 pounds. Maxell’s has randomly selected 39 weeks from the past year and found average sales of 912.1 pounds. State appropriate hypothesis for testing whether hot chocolate sales have decreased. At the 2 percent significance level, test these hypotheses.
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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Maxwell’s hot chocolate is concerned about the effect of the recent year long coffee advertising campaign sales. The average weekly hot chocolate sales two years ago was 984.7 pounds and the standard deviation was 72.6 pounds. Maxell’s has randomly selected 39 weeks from the past year and found average sales of 912.1 pounds.
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State appropriate hypothesis for testing whether hot chocolate sales have decreased.
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At the 2 percent significance level, test these hypotheses.
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