1. Based on the test statistic you found above for the 1000 customers with their spending on gasoline and the alpha value of .01 what conclusion do you draw?

2. Based on the test statistic you found above for the 1000 customers with their spending on gasoline and the alpha value of .01 what conclusion do you draw?

Reject the null hypothesis; there is strong evidence that the average spend is not $100.

Fail to reject the null hypothesis; there is not strong evidencethat the average spend is not $100.

Reject the null hypothesis; there is strong evidencethat the average spend is $100.

Fail to reject the null hypothesis; there is strong evidencethat the average spend is not $100.