At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Get quick and reliable solutions to your questions from a community of experienced professionals on our platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.
Sagot :
To determine whether Kavita should accept or reject the null hypothesis \( H_0 \) that the average receipt for the branch is [tex]$72.00$[/tex], we need to perform a hypothesis test using the following steps:
1. State the Hypotheses:
- Null Hypothesis (\( H_0 \)): \( \mu = 72 \)
- Alternative Hypothesis (\( H_a \)): \( \mu < 72 \)
2. Set the Significance Level:
- Given the critical z-value for a 5% significance level (lower-tail test) is \( -1.65 \).
3. Calculate the Test Statistic:
- Given:
- Chain average (\( \mu \)): 72.00
- Chain standard deviation (\( \sigma \)): 11.00
- Branch average (\( \bar{x} \)): 67.00
- Sample size (\( n \)): 40
- Calculate the standard error (\( SE \)):
[tex]\[ SE = \frac{\sigma}{\sqrt{n}} = \frac{11.00}{\sqrt{40}} \approx 1.74 \][/tex]
- Calculate the z-statistic:
[tex]\[ z = \frac{\bar{x} - \mu}{SE} = \frac{67.00 - 72.00}{1.74} \approx -2.875 \][/tex]
4. Compare the Test Statistic to the Critical Value:
- The calculated z-statistic is \( -2.875 \).
- The critical value for a 5% significance level is \( -1.65 \).
5. Decision:
- Since \( -2.875 \) is less than \( -1.65 \), we reject the null hypothesis \( H_0 \).
Therefore, Kavita should reject \( H_0: \mu = 72 \) and accept \( H_a: \mu < 72 \). This means that the average customer receipt for the branch is significantly below the chain's average.
The correct choice is:
- She should reject [tex]\( H_0: \mu = 72 \)[/tex] and accept [tex]\( H_a: \mu < 72 \)[/tex].
1. State the Hypotheses:
- Null Hypothesis (\( H_0 \)): \( \mu = 72 \)
- Alternative Hypothesis (\( H_a \)): \( \mu < 72 \)
2. Set the Significance Level:
- Given the critical z-value for a 5% significance level (lower-tail test) is \( -1.65 \).
3. Calculate the Test Statistic:
- Given:
- Chain average (\( \mu \)): 72.00
- Chain standard deviation (\( \sigma \)): 11.00
- Branch average (\( \bar{x} \)): 67.00
- Sample size (\( n \)): 40
- Calculate the standard error (\( SE \)):
[tex]\[ SE = \frac{\sigma}{\sqrt{n}} = \frac{11.00}{\sqrt{40}} \approx 1.74 \][/tex]
- Calculate the z-statistic:
[tex]\[ z = \frac{\bar{x} - \mu}{SE} = \frac{67.00 - 72.00}{1.74} \approx -2.875 \][/tex]
4. Compare the Test Statistic to the Critical Value:
- The calculated z-statistic is \( -2.875 \).
- The critical value for a 5% significance level is \( -1.65 \).
5. Decision:
- Since \( -2.875 \) is less than \( -1.65 \), we reject the null hypothesis \( H_0 \).
Therefore, Kavita should reject \( H_0: \mu = 72 \) and accept \( H_a: \mu < 72 \). This means that the average customer receipt for the branch is significantly below the chain's average.
The correct choice is:
- She should reject [tex]\( H_0: \mu = 72 \)[/tex] and accept [tex]\( H_a: \mu < 72 \)[/tex].
Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.