document.write( "Question 911838: A sample of 40 sales receipts from a grocery store has x = $137 and s = $30.2. Assist the owner of the grocery store to these values to test, at the 5% level of significance, whether or not the mean sales at the grocery store is different from $150.
\n" ); document.write( "(a) State the null and alternative hypotheses for the test.
\n" ); document.write( "(b) Calculate the test statistics.
\n" ); document.write( "(c) Determine the rejection region(s) for the test.
\n" ); document.write( "(d) State the conclusion for the test giving reasons for your answer.
\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #553390 by ewatrrr(24785)\"\" \"About 
You can put this solution on YOUR website!
Ho: p = 150
\n" ); document.write( "Ha: p < 150(claim)
\n" ); document.write( "n = 40, xbar = 137, sd = 30.2
\n" ); document.write( "---
\n" ); document.write( "test stat:: z(137) = (137-150)/(30.2/sqrt[40]) = -2.7225
\n" ); document.write( "-----
\n" ); document.write( "p-value = P(z < -2.7225) = 0.0032 0r .32%
\n" ); document.write( "---------------------
\n" ); document.write( "Conclusiion:
\n" ); document.write( "Since the p-value is less than 5%, reject Ho.
\n" ); document.write( "The test results support the claim.
\n" ); document.write( "
\n" ); document.write( "
\n" );