[Step-by-Step] A moving company claims that it averages only 2000 dollars worth of damage per month. The records show the companies last 25 months and find a
Question:
A moving company claims that it averages only 2000 dollars worth of damage per month. The records show the companies last 25 months and find a sample average of $2150 in damage. The population standard deviation is 250.
a) Set up hypotheses
b) Construct test statistics
c) Generate p value
d) Test above p value with alpha of .05. What is your conclusion?
Deliverable: Word Document 