(Step-by-Step) A store owner thinks his store sells more than $17,000 per day. He collects a random sample of 30 days and finds the average to be $17,700
Question: A store owner thinks his store sells more than $17,000 per day. He collects a random sample of 30 days and finds the average to be $17,700 with a population standard deviation of $550. Test the belief at a level of significance of .02. Explain your results.
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