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
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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.
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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