Business, 19.12.2019 22:31 bl88676

The price of a certain combo meal at different franchises of a national fast food company varies from $5.00 to $17.3317.33 and has a known standard deviation of $2.252.25. a sample of 2929 students in an online course that includes students across the country stated that their average price is $5.755.75. the students have also stated that they are generally unwilling to pay more than $6.506.50 for this meal. formulate and conduct a hypothesis test to determine if you can conclude that the population mean is less than $6.506.50. use a level of significance of 0.010.01.

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