SCENARIO 13-10
The management of a chain electronic store would like to develop a model for predicting the weekly sales (in thousands of dollars)for individual stores based on the number of customers who made purchases.A random sample of 12 stores yields the following results:

-Referring to Scenario 13-10,the null hypothesis for testing whether the number of customers who make a purchase effects weekly sales cannot be rejected if a 1% probability of committing a type I error is desired.

Question

SCENARIO 13-10
The management of a chain electronic store would like to develop a model for predicting the weekly sales (in thousands of dollars)for individual stores based on the number of customers who made purchases.A random sample of 12 stores yields the following results:
  
-Referring to Scenario 13-10,the null hypothesis for testing whether the number of customers who make a purchase effects weekly sales cannot be rejected if a 1% probability of committing a type I error is desired.

Quizplus · Accepted Answer

The Answer of SCENARIO 13-10
The management of a chain electronic store would like to develop a model for predicting the weekly sales (in thousands of dollars)for individual stores based on the number of customers who made purchases.A random sample of 12 stores yields the following results:
  
-Referring to Scenario 13-10,the null hypothesis for testing whether the number of customers who make a purchase effects weekly sales cannot be rejected if a 1% probability of committing a type I error is desired.

SCENARIO 13-10 the Management of a Chain Electronic Store Would Like to Like