Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. a recent survey reported that small businesses spe

A recent survey reported that small businesses spend 23 hours a week market small businesses...

80.2K

Verified Solution

Question

Statistics

image

A recent survey reported that small businesses spend 23 hours a week market small businesses in their area are not growing because these businesses are s chamber conducts a survey of 87 small businesses within their state and finds hours a week Assuming that the population standard deviation is 4 2 hours is commerce s claim at the 0 01 level of significance Step 3 of 3 Draw a conclusion and interpret the decision Answer We reject the null hypothesis and conclude that there is suffici support the chamber s claim that businesses are spending les

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

Instruction: Read the following scenario study and respond asper the following requirements: Benjamin, the...

Finance
1.2K views

A growing perpetuity of cash flows has a first cash flow of $500 and each subsequent...

Accounting
1.2K views

Olivia’s Outdoor Essentials produces gear for climbing, hiking, and camping. Last month, Olivia reported the following:...

Biology
1.2K views

Brain size is important for understanding intelligence but there are several caveats that indicate that...

Physics
1.2K views

In the equivalent circuit of three phase induction motor the mechanical loa the motor can...

Physics
1.2K views

1 In a rectangular coordinate system a charge of 25 x 10 C is placed...

Geometry
1.2K views

A propery is being transported through a fhuid a steady state through a constant coss...

Basic Math
1.2K views

Due Date 09 14 2023 1 Refer to the table below for results of a...

Accounting
1.2K views

How do you calculate degree of operating leverage for Company A and Company B ...

Accounting
1.2K views

Tamarisk, Inc. is a retailer operating in Calgary. Alberta. Tamarisk, Inc uses the perpetual inventory...

Accounting
1.2K views

On January 1, 2015, Warren Corporation had 1,000,000 shares of common stock outstanding. On March...

Finance
1.2K views

Question 18 0.5 pts Based on information of Question 15, calculate the theoretical value of...