document.write( "Question 1194538: The profits of a corner store for 6 days are 2,000 pesos, 3,000 pesos, 1,200 pesos, 6,000 pesos,
\n" ); document.write( "4,000 pesos, and 5,100 pesos. Does this set of data present sufficient evidence that the average
\n" ); document.write( "profit per day of the store is more than 3,800 pesos per day? Test at the 0.05 level of
\n" ); document.write( "significance.
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Algebra.Com's Answer #826778 by Boreal(15235)\"\" \"About 
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this is a one sample t-test
\n" ); document.write( "Ho: mean is <= 3800
\n" ); document.write( "Ha:: mean is >3800
\n" ); document.write( "alpha=0.05 p{reject Ho|Ho true}
\n" ); document.write( "test is t (0.95, df=5)
\n" ); document.write( "critical value t>2.015
\n" ); document.write( "t=(x bar-mean)/s/sqrt(n)
\n" ); document.write( "=(3550-3800)/1835/sqrt(6)
\n" ); document.write( "=-250*sqrt(6)/1835
\n" ); document.write( "=-0.333
\n" ); document.write( "fail to reject Ho (obvious, since mean of sample- hypothesized mean is < 0.
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