A coffee shop owner believes the shop’s average daily sales are \$1,200, with a known population standard deviation of \$50. A manager claims it’s higher because of their new initiatives & collects a sample of 25 days and finds an average daily sales of \$1,230.
Use & the critical value method to test if the true mean daily sales are higher than \$1200.
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Because test stat. is [ INSIDE | OUTSIDE ] rejection region, we [ REJECT | FAIL TO REJECT ] . There is [ ENOUGH | NOT ENOUGH ] evidence to conclude that…


