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Title: A manufacturer wishes to determine if the average profit from the sale of his product exceeds $6,710 Post by: Elmen96 on Mar 31, 2016 A manufacturer wishes to determine if the average profit from the sale of his product exceeds $6,710. Which of the following is the appropriate hypothesis test?
A) H0: population mean profit from sale > $6,710 vs. H1: population mean profit from sale ≤ $6,710 B) H0: population mean profit from sale ≥ $6,710 vs. H1: population mean profit from sale < $6,710 C) H0: population mean profit from sale ≤ $6,710 vs. H1: population mean profit from sale > $6,710 D) H0: population mean profit from sale < $6,710 vs. H1: population mean profit from sale ≥ $6,710 Title: Re: A manufacturer wishes to determine if the average profit from the sale of his product exceeds $6 Post by: kelba on Apr 12, 2016 Content hidden
Title: Re: A manufacturer wishes to determine if the average profit from the sale of his product exceeds $6,710 Post by: Elmen96 on Apr 18, 2016 Whattt! Thanks, this is seriously awesome
Title: Re: A manufacturer wishes to determine if the average profit from the sale of his product exceeds $6,710 Post by: kelba on Apr 18, 2016 :heart:
Title: Re: A manufacturer wishes to determine if the average profit from the sale of his product exceeds ... Post by: L Gordon on Mar 27, 2020 thanks
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