1. A retail store receives an average of 5.9 return per day. For a sample of 7 days, it received the following number of retums: 7, 8, 9, 8, 7, 7, 10. At 5% significance level, can we conclude the mean number returns is more than 5.9? A) State Ho and H. B) Test the hypothesis using the P-Value approach. C) What are Type I and Type II errors?

1. A retail store receives an average of 5.9 return per day. For a sample of 7 days, it received the following number of retums: 7, 8, 9, 8, 7, 7, 10. At 5% significance level, can we conclude the mean number returns is more than 5.9? A) State Ho and H. B) Test the hypothesis using the P-Value approach. C) What are Type I and Type II errors?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.6: Summarizing Categorical Data

Problem 30PPS

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