document.write( "Question 133947: An owner of a fast food restaurant reported to corporate headquarters that the average bill paid by his customers in the last quarter was $6.20 and that the standard deviation was $1.90. Not knowing exactly what the effect would be, headquarters suddenly launched a nationwide promotional campaign featuring a large quantity discount for a multi-sandwich purchase. The stubs from the next 81 purchases at the owner’s franchise after the campaign was launched averaged $6.65.
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document.write( "Conduct the 5 step hypothesis test at a level of significance of 0.05 to determine if the promotion increased the average bill amount. \n" );
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Algebra.Com's Answer #98234 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! An owner of a fast food restaurant reported to corporate headquarters that the average bill paid by his customers in the last quarter was $6.20 and that the standard deviation was $1.90. Not knowing exactly what the effect would be, headquarters suddenly launched a nationwide promotional campaign featuring a large quantity discount for a multi-sandwich purchase. The stubs from the next 81 purchases at the owner’s franchise after the campaign was launched averaged $6.65. \n" ); document.write( " \n" ); document.write( "Conduct the 5 step hypothesis test at a level of significance of 0.05 to determine if the promotion increased the average bill amount. \n" ); document.write( "-------- \n" ); document.write( "Ho: mu(before)-mu(after)= 0 \n" ); document.write( "Ha: mu(before)-mu(after) < 0 \n" ); document.write( "--------- \n" ); document.write( "Critical value for alpha = 5%: t = -1.645 \n" ); document.write( "Test Statistic: t(6.20-6.65)/sqrt[(1.9^2/n1)+(s2^2/81)]= ? \n" ); document.write( "---------- \n" ); document.write( "Comment: n1 is missing from the before data; s2 is missing from \n" ); document.write( "the after data. \n" ); document.write( "==================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H.\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |