An Entrepreneur Is Considering the Purchase of a Coin-Operated Laundry

question 150

Multiple Choice

An entrepreneur is considering the purchase of a coin-operated laundry.The current owner claims that over the past five years,the average daily revenue was $675 with a standard deviation of $75.A sample of 30 days reveals a daily average revenue of $625.If you were to test the null hypothesis that the daily average revenue was $675 and decide not to reject the null hypothesis,what can you conclude?

• A) There is enough evidence to conclude that the daily average revenue was $675.
• B) There is not enough evidence to conclude that the daily average revenue was $675.
• C) There is not enough evidence to conclude that the daily average revenue was not $675.
• D) There is enough evidence to conclude that the daily average revenue was not $675.

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Definitions:

Actin Myofilaments

Thin filaments within muscle cells that, along with myosin, contribute to muscle contraction and relaxation.

Threshold Level

A threshold level refers to the minimum intensity that stimulates a perceptible response in a physical, biological, or psychological system.

Neuromuscular Junctions

Specialized synaptic contacts between motor neurons and skeletal muscle fibers that facilitate muscle contraction.

Presynaptic Terminal

The terminal segment of an axon responsible for discharging neurotransmitters into the synaptic gap, thereby facilitating communication with an adjacent neuron.