You are a manager of a building that hosts the local farmers market for a town. You want to investigate if the average amount of sales for a vendor per week at your building is greater than $2040. After surveying 17 of their vendors, you find that mean sales per week of the vendors sampled was $2110 with a standard deviation of $114.03. What is the value of the test statistic for your hypothesis test? Note: 1- Only round your final answer. Round your final answer to two decimal places.
You are a manager of a building that hosts the local farmers market for a town. You want to investigate if the average amount of sales for a vendor per week at your building is greater than $2040. After surveying 17 of their vendors, you find that mean sales per week of the vendors sampled was $2110 with a standard deviation of $114.03. What is the value of the test statistic for your hypothesis test? Note: 1- Only round your final answer. Round your final answer to two decimal places.
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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Question
![You are a manager of a building that hosts the local farmers market for a town.
You want to investigate if the average amount of sales for a vendor per week at
your building is greater than $2040. After surveying 17 of their vendors, you
find that mean sales per week of the vendors sampled was $2110 with a
standard deviation of $114.03. What is the value of the test statistic for your
hypothesis test?
Note:
1- Only round your final answer. Round your final answer to two decimal places.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa80c7bbf-d39f-4aa0-8944-4be16ef1447d%2Fd417f7cd-bf92-45ca-ab4e-b1c7bd2eb0b0%2Fx5l73ww_processed.png&w=3840&q=75)
Transcribed Image Text:You are a manager of a building that hosts the local farmers market for a town.
You want to investigate if the average amount of sales for a vendor per week at
your building is greater than $2040. After surveying 17 of their vendors, you
find that mean sales per week of the vendors sampled was $2110 with a
standard deviation of $114.03. What is the value of the test statistic for your
hypothesis test?
Note:
1- Only round your final answer. Round your final answer to two decimal places.
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