6.7 A grocery supermarket chain is considering an outlet near a new middle-income $42,000 per ment. They want to be certain that the average income is above ple of 36 families from the development gives a mean income of $43,500 deviation of $900 per year. Should they establish the outlet? Justify your answer significance. housing develop- year. A random sam- per year with a standard using a 2% level of
6.7 A grocery supermarket chain is considering an outlet near a new middle-income $42,000 per ment. They want to be certain that the average income is above ple of 36 families from the development gives a mean income of $43,500 deviation of $900 per year. Should they establish the outlet? Justify your answer significance. housing develop- year. A random sam- per year with a standard using a 2% level of
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 8SGR
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Question
![6.7 A grocery supermarket chain is considering an outlet near a new middle-income
$42,000 per
ment. They want to be certain that the average income is above
ple of 36 families from the development gives a mean income of $43,500
deviation of $900 per year. Should they establish the outlet? Justify your answer
significance.
housing develop-
year. A random sam-
per year with a standard
using a 2% level of](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6b564336-872f-443d-b5e3-20dcd72642d7%2Fe2648bcb-4fd3-48c8-8046-ad92eddeb784%2Fd8cyvgu_processed.jpeg&w=3840&q=75)
Transcribed Image Text:6.7 A grocery supermarket chain is considering an outlet near a new middle-income
$42,000 per
ment. They want to be certain that the average income is above
ple of 36 families from the development gives a mean income of $43,500
deviation of $900 per year. Should they establish the outlet? Justify your answer
significance.
housing develop-
year. A random sam-
per year with a standard
using a 2% level of
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