Business, 29.11.2021 20:10, villafana36
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Peter is assisting with a report that will forecast sales for the next year. He has been asked to collate sales data for the previous five years in different seasons. He understands that will help account for seasonal trends. What kind of sales forecast report is Peter working on?
Peter is working on a
report to forecast sales.
Answers: 1
Business, 22.06.2019 12:30, asseatingbandit
Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis. b)reject the null hypothesis and conclude the mean is higher than $6,000 per day. c)reject the null hypothesis and conclude the mean is lower than $6,000 per day. d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day. expert answer
Answers: 3
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Peter is assisting with a report th...
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