General Manager The General Manager of a Large Discount Chain Was Considering

question 17

Short Answer

General Manager
The general manager of a large discount chain was considering location of a new store in a small mid-western city.The decision was dependent upon the per capita retail sales for the city being significantly greater than $4500.A sample of 500 residents was taken,and showed a mean of $4780.A population standard deviation of $2500 was known.
-State the null and alternative hypotheses.
H₀: ____________________
H₁: ____________________