[Solution] A retail trade management journal reported that the typical shopper spends an average of 1.80 hours per visit in a shopping mall. A sample of
Question: A retail trade management journal reported that the typical shopper spends an average of 1.80 hours per visit in a shopping mall. A sample of 8 shoppers at the Tupelo Mall revealed the following times. At the 0.01 significance level, can we conclude that shoppers at the Tupelo Mall spend less than a mean of 1.80 hours?
1.4 1.7 1.6 2.1 1.6 1.9 1.7 1.7
- State the Null and Alternate hypothesis
- State the decision rule
- Compute the value of the test statistic
- Compute the p-value
- What is your decision regarding the null hypothesis?
Deliverable: Word Document 