The price of a certain combo meal at different franchises of

Last updated: 2/21/2023

The price of a certain combo meal at different franchises of a national fast food company varies from 5 00 to 17 36 and has a known standard deviation of 2 01 A sample of 28 students in an online course that includes students across the country stated that their average price is 6 00 The students have also stated that they are generally unwilling to pay more than 6 75 for this meal Formulate and conduct a hypothesis test to determine if you can conclude that the population mean is less than 6 75 Use a level of significance of 0 01 is there sufficient evidence at the 0 01 level of significance that the population mean is less than 6 75 Determine the null hypothesis H and the alternative hypothesis H H H Tyne inteners of decimals Do not round