Null Hypothesis of Banks Catering to Clientele
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The manager of a local branch of a bank believes that over the past few years the bank has begun to cater to a different clientele and that the average amount withdrawn from its ATMs is no longer $140.00. State the null hypothesis Ho and the alternative hypothesis H1.
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Solution Summary
The solution states and null and alternative hypothesis to determine if a bank is catering to different clientele. It also determines if the average amount withdrawn from its ATM is still $140.00.
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