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Elmen96 Elmen96
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8 years ago
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
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Business Analytics

Business Analytics


Edition: 2nd
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kelbakelba
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8 years ago
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Elmen96 Author
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#2
8 years ago
Whattt! Thanks, this is seriously awesome
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#3
8 years ago
Heavy Heart
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#4
4 years ago
thanks
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