Random sample of a number of accounts receivable


A company selected a simple random sample of a number of accounts receivable. For these accounts they calculated a mean of $340. The standard deviation is known to be $30. Do we have any evidence to support the claim that ? is greater than $300? (hint: Hypothesis test).

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Random sample of a number of accounts receivable
Reference No:- TGS0856124

Expected delivery within 24 Hours