Statistics Problems - 10
5/23/2019 Assignment Print View
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9. Award: 0.20 points
www.golfsmith.com receives an average of 6.5 returns per day from online shoppers. For a sample of 12 days, it received the following numbers of returns.
0 4 3 4 9 4 5 9 1 6 7 10
Click here for the Excel Data File
At the 0.01 significance level, can we conclude the mean number of returns is less than 6.5?
H0. The mean rate 6.5.
References
Worksheet Difficulty: 2 Intermediate
Learning Objective: 10-06 Use a t statistic to test a hypothesis.