Identify the Null and Alternative Hypotheses for the Following Problems

question 96

Essay

Identify the null and alternative hypotheses for the following problems.
a.The manager of a restaurant believes that it takes a customer no more than 25 minutes to eat lunch.
b.Economists have stated that the marginal propensity to consume is at least 90¢ out of every dollar.
c.It has been stated that 75 out of every 100 people who go to the movies on Saturday night buy popcorn.

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Definitions:

Demographic Analysis

The study of a population based on factors such as age, race, gender, income level, and employment, primarily for purposes of marketing, policy-making, and research.

Portfolio Analysis

A technique used by businesses to assess the set of products or services they offer, examining their performance and profitability to make strategic decisions.

Alliteration

The repetition of the same initial consonant sounds in a sequence of words, used for emphasis or artistic effect.

Memorable

Being memorable refers to the ability of a product, brand, or experience to be easily recalled and recognized by consumers, often due to its uniqueness or emotional impact.