Solution) A retail trade management journal reported that the typical shopper spends an average of 1.80 hours


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

a. State the Null and Alternate hypothesis

b. State the decision rule

c. Compute the value of the test statistic

d. Compute the p-value

e. What is your decision regarding the null hypothesis?

Price: $2.99
See Answer: The answer consists of 2 pages
Deliverable: Word Document

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