Question: The R R Bowker Company collects information on the retail

The R. R. Bowker Company collects information on the retail prices of books and publishes the data in The Bowker Annual Library and Book Trade Almanac. In 2005, the mean retail price of agriculture books was $57.61. A hypothesis test is to be performed to decide whether this year's mean retail price of agriculture books has changed from the 2005 mean.
a. Determine the null hypothesis.
b. Determine the alternative hypothesis.
c. Classify the hypothesis test as two tailed, left tailed, or right tailed.

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  • CreatedAugust 13, 2015
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