Question: Suppose the per - store daily customer count for a convenience store chain that operates nearly 1 0 0 0 0 0 stores has been

Suppose the per-store daily customer count for a convenience store chain that operates nearly 100000 stores has been steady, at 900, for some time with a astandard deviation of 96. To increase the customer count, the chain considers cutting the prices by 5% in a sample of 34 stores. The average customer count in these 34 stores is 974 customers. Do you think reducing the prices is a good strategy for increasing the mean customer count?

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