Asked by misser focks on May 10, 2024
Verified
Which of the following is the conclusion?
A) The null hypothesis that the average profit per customer exceeds $25 cannot be rejected.
B) The null hypothesis that the average profit per customer does not exceed $25 is rejected.
C) The null hypothesis that the average profit per customer does not exceed $25 cannot be rejected.
D) The null hypothesis that the average profit per customer exceeds $25 is rejected.
Null Hypothesis
A default statement that there is no significant effect or difference, subject to testing against an alternative hypothesis.
- Cultivate an understanding of how to construct hypotheses using sample statistics and population parameters.
Verified Answer
KJ
Kisha JeantyMay 12, 2024
Final Answer :
B
Explanation :
The conclusion in hypothesis testing is about whether the null hypothesis is rejected or not. Choice B directly states that the null hypothesis (that the average profit per customer does not exceed $25) is rejected, which is a clear conclusion of a hypothesis test.
Learning Objectives
- Cultivate an understanding of how to construct hypotheses using sample statistics and population parameters.