An Etsy store receives an average of 6.5 returns per day from online shoppers. For a sample

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An Etsy store receives an average of 6.5 returns per day from online shoppers. For a sample of 12 days, it received the following numbers of returns.
At the .01 significance level, can we conclude the mean number of returns is less than 6.5?

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Statistical Techniques In Business And Economics

ISBN: 9781260239478

18th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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Question Posted: Dec 14, 2020 12:24 AM

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An Etsy store receives an average of 6.5 returns per day from online shoppers. For a sample

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Statistical Techniques In Business And Economics

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