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Mathematics, 05.05.2020 18:40 allsherm23

An entrepreneur is considering the purchase of a coin-operated laundry. The current owner claims that over the past 5 years, the average daily revenue was $675 with a standard deviation of $75. A sample of 30 days reveals a daily average revenue of $625. If you were to test the null hypothesis that the daily average revenue was $675 and decide not to reject the null hypothesis, what can you conclude

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An entrepreneur is considering the purchase of a coin-operated laundry. The current owner claims tha...
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