What conclusion can be made at the significance level


A movie theatre complex will raise its ticket price if the average ticket price of theatres in Southern California exceeds $7.50. A random sample of 36 theatres resulted in a mean of $7.80. The population standard deviation is $1.00. What conclusion can be made at the 10% significance level? How about at the 5% significance level?

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: What conclusion can be made at the significance level
Reference No:- TGS0103283

Expected delivery within 24 Hours