Paper production plant


You are an accountant at the paper production plant and now believe your monthly costs have gone up. The costs have always been $400 but they seem to be greater now and you would like to test this claim. If you run a hypothesis test, which of the following statements would fit your problem?

A. You have a two tail test

B. Your alternative hypothesis could be stated as the population mean is greater than $400.

C. Your null hypothesis could be stated as the population mean is equal to $400.

D. A and B

E. A and C

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Basic Statistics: Paper production plant
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