The average McDonald's restaurant generates $3.6 million in sales each year with a standard deviation of0.9. Trent wants to know if the average sales generated by McDonald's restaurants in Kentucky is differentthan the worldwide average. He surveys 27 restaurants in Kentucky and finds the following data (in millionsof dollars):4.1, 2.8, 4.4, 4.5, 5.3, 5, 3.7, 2.9, 3.8, 4.8, 3.6, 2.3, 3.7, 2.9, 2.9, 4, 1.1, 5.2, 2.9, 5, 4, 4, 5.9, 3.2, 2.2,4.3, 3.8Perform a hypothesis test using a 3% level of significance.Step 1: State the null and alternative hypotheses.Ho: [? v] ? vНа: ?? v(So we will be performing a Select an answertest.)Step 2: Assuming the null hypothesis is true, determine the features of the distribution of pointestimates using the Central Limit Theorem.By the Central Limit Theorem, we know that the point estimates are Select an answerv with distributionmeanand distribution standard deviationStep 3: Find the p-value of the point estimate.P( ? v? v= P( ? ♥? vp-valueStep 4: Make a Conclusion About the null hypothesis.Since the p-value? v= a, we Select an answer v the null hypothesis.We cannot conclude that the mean sales of McDonald's restaurants in Kentucky differ from averageMcDonald's sales worldwide.We conclude that the mean sales of McDonald's restaurants in Kentucky differ from averageMcDonald's sales worldwide.||

In this question given that survey of 27 restaurant Find out a null and alternative hypothesis…

Answered: The average McDonald's restaurant…

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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The average McDonald's restaurant generates $3 million in sales each year with a standard deviation of 0.4. Russell wants to know if the average sales generated by McDonald's restaurants in Nebraska is different than the worldwide average. He surveys 26 restaurants in Nebraska and finds the following data (in millions of dollars):3.3, 3.2, 3.5, 3.3, 3.3, 3.4, 2.8, 3.5, 3.4, 2.5, 2.5, 3.6, 2.9, 2.9, 2.9, 3.5, 3.4, 2.7, 2.2, 2.5, 3.5, 3.6, 3.5, 3.7, 3.6, 2.8Perform a hypothesis test using a 10% level of significance.Step 1: State the null and alternative hypotheses.H0:(p or u)(<,> #)? Ha: p or u)(<,> #)? (So we will be performing a left or right or 2 tail test.)?Step 2: Assuming the null hypothesis is true, determine the features of the distribution of point estimates using the Central Limit Theorem.By the Central Limit Theorem, we know that the point estimates are normal distributed or t distributed ? with distribution mean ? and distribution…
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