A Restaurant That Bills Its House Account Monthly Is Concerned $\mu$

question 134

Multiple Choice

A restaurant that bills its house account monthly is concerned that the average monthly bill exceeds $200 per account. A random sample of twelve accounts is selected, resulting in a sample mean of $220 and a standard deviation of $12. The t-test is to be conducted at the 5% level of significance. Given the following printout, what can you determine?

• A) The alternate hypothesis is \(\mu\) \(\le\) 200
• B) You should accept the null hypothesis at the 0.05 level of significance.
• C) There is less than a 1% chance of getting these results if the null hypothesis is true, so you have very strong evidence to suggest that the average bill is more than $200.
• D) There is less than a 1% chance of getting these results if the null hypothesis is true, so you have very strong evidence to suggest that the average bill is less than $200.
• E) The alternate hypothesis is \(\mu\) \(\le\) 200 and you should accept the null hypothesis at the 0.05 level of significance.

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Definitions:

Negligent Misrepresentation

Negligent misstatements made by a professional to a client.

Negligent Misrepresentation

The unintentional provision of false information due to failure in exercising reasonable care or competence in communication.

Vicariously Liable

Holding one person responsible for the actions of another, especially in legal contexts where employers are responsible for their employees.

Collective Bargaining

The process of negotiation between employers and a group of employees aimed at agreements to regulate working conditions.