subject
Mathematics, 16.07.2019 07:30 rainbowcakes914

Julian is a manager at a clothing store for teens. he is analyzing the order for next season. data for the previous 10 years suggests that teens are willing to spend an average of $75 for a pair of designer jeans with a standard deviation of $5. however, julian thinks the average may have changed due to a recession. he finds that the last three seasons of data show that teens spent an average of $68 on a pair of jeans therefore, he performed a hypothesis test to see if the recent average is the same. julian used a significance level of 5% to perform the test. which of the following statements is valid based on the results? julian’s data shows that the recent seasons’ average jean price is not $75. julian’s data shows that he should order fewer jeans than before. julian’s data shows that the recent seasons’ average jean price is still $75. julian’s data is inconclusive, so he should order the same number of jeans.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
The level of co2 emissions, f(x), in metric tons, from the town of fairfax x years after they started recording is shown in the table below. x 2 4 6 8 10 f(x) 26,460 29,172.15 32,162.29 35,458.93 39,093.47 select the true statement.
Answers: 1
question
Mathematics, 21.06.2019 21:30
One astronomical unit (1 au) is about 1.496 alt tag missing. kilometers. if you wrote this number of kilometers in regular decimal notation (for example, 528 and 3,459 are written in regular decimal notation), how many zeros would your number have?
Answers: 1
question
Mathematics, 21.06.2019 22:30
Acredit union pays 5% annual interest, compounded daily, on savings deposits. find the value after one year of $500 deposited in this account. $525.64 $25.64 $20.40 $520.40
Answers: 2
question
Mathematics, 22.06.2019 00:00
The equation of a parabola is given. y=18x2+4x+20 what are the coordinates of the focus of the parabola?
Answers: 2
You know the right answer?
Julian is a manager at a clothing store for teens. he is analyzing the order for next season. data f...
Questions
question
Social Studies, 22.11.2021 14:00
question
Biology, 22.11.2021 14:00
question
Mathematics, 22.11.2021 14:00
Questions on the website: 13722367