SOLUTION: An ice cream store estimates that the mean consumption of their waffle cones by their customers is more than 3 per year. In a sample of 80 customers, you find that the mean consump
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Question 324570: An ice cream store estimates that the mean consumption of their waffle cones by their customers is more than 3 per year. In a sample of 80 customers, you find that the mean consumption of waffle cones is 4 per year with a standard deviation of 5.0. Let the level of significance be α = 0.06.
Find the standardized test statistic, z. Answer by stanbon(75887) (Show Source):