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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MC Qu. 10-64 Sales at a fast-food restaurant average...
Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an advertising campaign to Increase daily sales. In order to determine the effectiveness of the advertising campaign, a sample of 49 day's sales were taken. The sample showed
average daily sales of $6,300. From past history, the restaurant knew that its population standard deviation is about $1,000. If the level of significance is 0.01, have sales increased as a result of the advertising campaign?
Multiple Choice
Fail to reject the null hypothesis.
Reject the null hypothesis and conclude the mean is higher than $6,000 per day.
Reject the null hypothesis and conclude the mean is lower than $6,000 per day.
Reject the null hypothesis and conclude that mean equal to $6,000 per day.
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Transcribed Image Text:MC Qu. 10-64 Sales at a fast-food restaurant average... Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an advertising campaign to Increase daily sales. In order to determine the effectiveness of the advertising campaign, a sample of 49 day's sales were taken. The sample showed average daily sales of $6,300. From past history, the restaurant knew that its population standard deviation is about $1,000. If the level of significance is 0.01, have sales increased as a result of the advertising campaign? Multiple Choice Fail to reject the null hypothesis. Reject the null hypothesis and conclude the mean is higher than $6,000 per day. Reject the null hypothesis and conclude the mean is lower than $6,000 per day. Reject the null hypothesis and conclude that mean equal to $6,000 per day.
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