A fast-food franchise is considering building a restaurant at a busy intersection.A financial advisor determines that the site is acceptable only if,on average,more than 300 automobiles pass the location per hour.If the advisor tests the hypotheses H_o: μ ≤ 300 versus H_A: μ 300,μ stands for ____________. A) the average number of automobiles that pass the intersection per hour B) the number of automobiles that pass the intersection per hour C) the proportion of automobiles that pass the intersection per hour D) the standard deviation of the number of automobiles that pass the intersection per hour

Question

A fast-food franchise is considering building a restaurant at a busy intersection.A financial advisor determines that the site is acceptable only if,on average,more than 300 automobiles pass the location per hour.If the advisor tests the hypotheses H_o: μ ≤ 300 versus H_A: μ > 300,μ stands for ____________. A) the average number of automobiles that pass the intersection per hour B) the number of automobiles that pass the intersection per hour C) the proportion of automobiles that pass the intersection per hour D) the standard deviation of the number of automobiles that pass the intersection per hour

Quizplus · Accepted Answer

In this scenario, μ represents the population mean, which is the average number of automobiles that pass the intersection per hour.

A Fast-Food Franchise Is Considering Building a Restaurant at a Busy