Question: Here is the question: Question 10 (1 point) As an inventory manager for a local supermarket's grocery section, you must maintain accurate information regarding consumer

Here is the question:

Here is the question: Question 10 (1 point) As an inventory manager

Question 10 (1 point) As an inventory manager for a local supermarket's grocery section, you must maintain accurate information regarding consumer demand for your products, ensuring that there is as little spoilage or stock-outs as possible. Suppose you did an analysis last year and realized that last year you sold on average 1429 apples per day. You want to investigate if this year, the average number of apples sold per day at the store has decreased from last year's number, and thus if you need to increase the number of apples you stock. You take a random sample of 15 days of sales, and realize that your sample shows an average number of 1398 apples sold per day, with a standard deviation of 65 apples sold per day. You want a significance level of 10%. Assuming the conditions are satisfied, using this information, what is the standard error of your sample mean? Round your answer to two decimal places (only round your final answer). Using your rounded standard error, what is the value of the t test statistic? Round your answer to two decimal places. What is the critical value of your hypothesis test, accurate to three decimal places? (if you have two critical values, enter one of them (either one of them)). Do you reject or fail to reject the null hypothesis? Enter "fail to reject" if you fail to reject the null hypothesis or "reject" if you would reject the null hypothesis, without the quotation marks. A/

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