Null and alternative hypothesis
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A manager of an electronics store wants to know if the average sales during the Christmas period is greater than $ 30,000 a week. The null hypothesis to be formulated to test hypothesis is:
The correct answer is
a) HI = 30.000 or
b) Ho = 30.000 or
c) Ho <30.000 or
d) Ho = 40.000
The correct answer for the alternative hypothesis is:
a) HI <30.000 or
b) HI> 30.000 or
c) Ho> 30.000 or
d) HI> 20.000
What is the significance level to set for test the hypotheses?
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The solution provides null and alternative hypothesis for a set of problems
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What is the significance level to set for test the hypotheses? ...
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