(Solution) An entrepreneur is considering the purchase of a coin-operated laundry. The current owner claims that over the past five years, the mean daily... > Snapessays.com


(Solution) An entrepreneur is considering the purchase of a coin-operated laundry. The current owner claims that over the past five years, the mean daily...


kindly find questons in the attached file. will pay $30 for answersAn entrepreneur is considering the purchase of a coin-operated laundry. The current owner

 

claims that over the past five years, the mean daily revenue was $675 with a population standard

 

deviation of $75. A sample of 30 days reveals a daily mean revenue of $625. If you were to test

 

the null hypothesis that the daily mean revenue was $675, at a significance level of 0.05, your

 

hypotheses would be

 

H

 

:

 

? 675 versus

 

H

 

1

 

:

 


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This question was answered on: Sep 21, 2023

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