[Solution] An advertising firm claims that the average expenditure for advertising for their customers is at least $12,500 per year. You want to test this
Question: An advertising firm claims that the average expenditure for advertising for their customers is at least $12,500 per year. You want to test this claim, so you randomly select 10 of their customers. The results are listed below. At a sig. level of .01 can you reject this claim? Explain.
13445 11220 10157 13217 9990
12125 10116 14350 13590 12100
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