Question: 5 points A retailer maintains a website that it uses to attract shoppers. The retailer is evaluating a new website intended to encourage shoppers to

 5 points A retailer maintains a website that it uses to

5 points A retailer maintains a website that it uses to attract shoppers. The retailer is evaluating a new website intended to encourage shoppers to spend more. We are interested in investigating if the average purchase amount by the individuals who use the new website is less than 80 dollars or not. We are given that H0 : ,u S 80. What is the typel error here? We assume that the average purchase amount of the individuals who use the new website is less than 80 dollars when it is so. We assume that the average purchase amount of the individuals who use the new website is more than 80 dollars when it is not We assume that the average purchase amount of the individuals who use the new website is less than 80 dollars when it is not We assume that the average purchase amount of the individuals who use the new website is not less than 80 dollars when it is 50. @0000 None of the above

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