Census Bureau data shows that the mean household income in the area served by a shopping mall is $72,500 per year. A market research firm questions shoppers at the mall to find out whether the mean household income of mall shoppers is higher than that of the general population.

Question

Aden Dunn

Business

7 July, 18:20

Census Bureau data shows that the mean household income in the area served by a shopping mall is $72,500 per year. A market research firm questions shoppers at the mall to find out whether the mean household income of mall shoppers is higher than that of the general population.

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Answers (1)

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Markus Hoffman · Answer 1

The null hypothesis states that the population mean is equal to a certain value

H°:U = $72,500

The alternative hypothesis states that the null hypothesis is false (according to the claim):

Ha:U >$72,500

Result:

H°U = $72,500

Ha:U >$72,500