A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
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Mrs. Sal is considering of running a saloon business. The present owner claimed that over the past 6
years the average daily revenue has been RM 675 with a standard deviation of RM 75. A sample of 30
selected days reveals daily average revenue of RM 625. Use p- value approach.

State the null and alternative hypotheses.

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