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At a Certain University, the Average Attendance at Basketball Games

question 8

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At a certain university, the average attendance at basketball games has been 3225. Due to the dismal showing of the team this year, the attendance for the first 12 games has averaged only 2865 with a standard deviation of 735. The athletic director claims that the attendance is the same as last year. What is the test value needed to evaluate the claim?


Definitions:

Inventory

The products and supplies that a company possesses with the primary intention of selling or converting them.

Financial Manager

A professional responsible for the financial health of a corporation, overseeing investment activities, and planning strategies for the long-term financial objectives.

Distribution Center

A facility where goods are received, stored, and then distributed to consumers or retail outlets.

New Store

A newly established retail outlet or branch of a business that has recently started operations.

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