Mathematics, 02.01.2020 22:31, carlo123

Recall that the owner of a local health food store recently started a new ad campaign to attract more business and wants to know if average daily sales have increased. historically average daily sales were approximately $2,700. the upper bound of the 95% range of likely sample means for this one-sided test is approximately $2,843.44. if the owner took a random sample of forty-five days and found that daily average sales were now $2,984, what can she conclude at the 95% confidence level?

a. average daily sales have increased

b. average daily sales have decreased

c. average daily sales have remained the same

d. average daily sales have not increased

e. the answer cannot be determined without further information

Answers: 2

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Recall that the owner of a local health food store recently started a new ad campaign to attract mor...