Homework Help is Here – Start Your Trial Now!
Math
Statistics
Suppose a locally owned coffee shop had an average daily revenue of $4,191 before some ordinance was passed that seemed to drive business down. To test their hypothesis that the ordinance has adversely impacted their sales, the owner examines the sales over the 30 days since the ordinance was passed and finds a sample mean of $3,922 daily revenue with a sample standard deviation of $750. Does the evidence suggest that the ordinance has adversely impacted the coffee shop sales? Use a = 0.05.

Suppose a locally owned coffee shop had an average daily revenue of $4,191 before some ordinance was passed that seemed to drive business down. To test their hypothesis that the ordinance has adversely impacted their sales, the owner examines the sales over the 30 days since the ordinance was passed and finds a sample mean of $3,922 daily revenue with a sample standard deviation of $750. Does the evidence suggest that the ordinance has adversely impacted the coffee shop sales? Use a = 0.05.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
See similar textbooks
icon
Related questions
Question

i need in words

not handwritten solution or pic

4. Suppose a locally owned coffee shop had an average daily revenue of $4,191 before some ordinance was passed that seemed to drive business down. To test their hypothesis that the ordinance has adversely impacted their sales, the owner examines the sales over the 30 days since the ordinance was passed and finds a sample mean of $3,922 daily revenue with a sample standard deviation of $750. Does the evidence suggest that the ordinance has adversely impacted the coffee shop sales? Use a = 0.05.
Transcribed Image Text:4. Suppose a locally owned coffee shop had an average daily revenue of $4,191 before some ordinance was passed that seemed to drive business down. To test their hypothesis that the ordinance has adversely impacted their sales, the owner examines the sales over the 30 days since the ordinance was passed and finds a sample mean of $3,922 daily revenue with a sample standard deviation of $750. Does the evidence suggest that the ordinance has adversely impacted the coffee shop sales? Use a = 0.05.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
SEE MORE TEXTBOOKS