A recent survey was conducted with a simple random sample of 35 shoppers at the food court in a local mall. The mall claims that the mean price for lunch is less than $4.65. The mean of the sample is $4.49, and the standard deviation of the population of lunch shoppers is $0.36. A P-value of 0.0043 is found using a 0.01 significance level to test the claim that the mean price for lunch is less than $4.65. State the conclusion about the null hypothesis.
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Home » Mathematics » A recent survey was conducted with a simple random sample of 35 shoppers at the food court in a local mall. The mall claims that the mean price for lunch is less than $4.65. The mean of the sample is $4.