8.A fast food restaurant is considering a new product. It will be worthwhile to introduce this product
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Question:
8.A fast food restaurant is considering a new product. It will be worthwhile to introduce this product if the mean sales per store are more than $600 per week. In a marketing test the product is sold at 26 stores. From the sample it is found that the mean for weekly sales is $603.20 and the standard deviation is $60. The hypotheses that the restaurant should test before making a decision are:
A.H0: Xbar = 600,HA: Xbar does not equal 600
B.H0: = 600,HA: does not equal 600
C.H0: 600,HA: < 600
D.H0: 600,HA: > 600
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