Question

According to​ research, holiday shoppers spent an average of ​$376 over a holiday weekend in 2008. The accompanying data show the amount spent by a random sample of holiday shoppers during the same weekend in 2009. Complete parts a and b below. LOADING... Click the icon to view the data table.

​$430	​$280	​$370	​$237	​$223	​$215
​$360	​$435	​$392	​$389	​$319	​$67
​$416	​$432	​$383	​$281

a. Retailers were concerned that the recent economic downturn was going to affect holiday sales. Does this sample support these concerns using alphaequals0.05​? Determine the null and alternative hypotheses.

Choose the correct answer below

. A. Upper H 0​: mu less than or equals 376 and Upper H 1​: mu greater than 376

B. Upper H 0​: mu greater than or equals 376 and Upper H 1​: mu less than 376

C. Upper H 0​: mu equals 376 and Upper H 1​: mu not equals 376

D. Upper H 0​: mu not equals 376 and Upper H 1​: mu equals 376

Could you also provide the c-value, p-value, test statistic, and whether to reject or FTR?

Answer 1