Mathematics, 22.02.2021 21:40, jeffreyaxtell4132

An entrepreneur is considering the purchase of a coin-operated laundry. The current owner claims that over the past 5 years, the mean daily revenue was $675 with a population standard deviation of $75. A sample of 30 days reveals a daily mean revenue of $625. If you were to test the null hypothesis that the daily mean revenue was $675 and decide not to reject the null hypothesis, what can you conclude? Group of answer choices There is not enough evidence to conclude that the daily mean revenue was $675. There is not enough evidence to conclude that the daily mean revenue was not $675. There is enough evidence to conclude that the daily mean revenue was $675. There is enough evidence to conclude that the daily mean revenue was not $675.

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An entrepreneur is considering the purchase of a coin-operated laundry. The current owner claims tha...