This question is about the variable 'Amount Spent, which is the the total amount of money the customer spent at the end of the website visit.. Suppose for the purposes of this question only that historically the population mean amount spent in Heavenly Chocolate's retail stores has been $120. Use the appropriate hypothesis test to determine if there is evidence in the data to conclude that the mean value spent on the website is less than the mean at the retail store at the 0.01 level of significance. Because the p-value is .0144, we should reject the null hypothesis and conclude there is enough evidence to say that the mean amount spent online is less than $120. Because the p-value is .9856, we should reject the null hypothesis and conclude there is enough evidence to say that the mean amount spent online is less than $120. Because the p-value is .9856, we should not reject the null hypothesis and conclude there is not enough evidence to say that the mean amount spent online is less than $120. Because the p-value is .0812, we should not reject the null hypothesis and conclude there is not enough evidence to say that the mean amount spent online is less than $120. Because the p-value is .0144, we should not reject the null hypothesis and conclude there is not enough evidence to say that the mean amount spent online is less than $120.
This question is about the variable 'Amount Spent, which is the the total amount of money the customer spent at the end of the website visit.. Suppose for the purposes of this question only that historically the population mean amount spent in Heavenly Chocolate's retail stores has been $120. Use the appropriate hypothesis test to determine if there is evidence in the data to conclude that the mean value spent on the website is less than the mean at the retail store at the 0.01 level of significance. Because the p-value is .0144, we should reject the null hypothesis and conclude there is enough evidence to say that the mean amount spent online is less than $120. Because the p-value is .9856, we should reject the null hypothesis and conclude there is enough evidence to say that the mean amount spent online is less than $120. Because the p-value is .9856, we should not reject the null hypothesis and conclude there is not enough evidence to say that the mean amount spent online is less than $120. Because the p-value is .0812, we should not reject the null hypothesis and conclude there is not enough evidence to say that the mean amount spent online is less than $120. Because the p-value is .0144, we should not reject the null hypothesis and conclude there is not enough evidence to say that the mean amount spent online is less than $120.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 22SGR
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