MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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A marketing researcher wants to estimate the mean amount spent per year ($) on a website by membership member shoppers. Suppose a random sample of 150 membership member shoppers who recently made a purchase on the website yielded a mean amount spent of $55 and a standard deviation of $52. Complete parts (a) and (b) below.

a. Is there evidence that the population mean amount spent per year on the website by membership member shoppers is different from $52? (Use a 0.10 level of significance.)

State the null and alternative hypotheses.

\( H_0: \mu = \) [   ]  
\( H_1: \mu \neq \) [   ]

(Type integers or decimals. Do not round. Do not include the $ symbol in your answer.)
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Transcribed Image Text:A marketing researcher wants to estimate the mean amount spent per year ($) on a website by membership member shoppers. Suppose a random sample of 150 membership member shoppers who recently made a purchase on the website yielded a mean amount spent of $55 and a standard deviation of $52. Complete parts (a) and (b) below. a. Is there evidence that the population mean amount spent per year on the website by membership member shoppers is different from $52? (Use a 0.10 level of significance.) State the null and alternative hypotheses. \( H_0: \mu = \) [ ] \( H_1: \mu \neq \) [ ] (Type integers or decimals. Do not round. Do not include the $ symbol in your answer.)
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