Question: This is a word problem that you must set up according to the five-step process. You will perform a statistical test by hand, giving your

This is a word problem that you must set up according to the five-step process. You will perform a statistical test by hand, giving your conclusions and providing recommendations for the company in the problem. You MUST use the rejection region approach, not the p-value approach.

This is a word problem that you must set up according tothe five-step process. You will perform a statistical test by hand, givingyour conclusions and providing recommendations for the company in the problem. You

1. State the null (H0) and alternate (Ha) hypotheses 2. a) Choose the test statistic b) Give the critical value 3. State the decision rule 4. Calculate the test statistic 5. a) State the conclusion (i.e., reject H0 or not) b) Tell what the conclusion means c) Recommend a course of action You are the VP, Advertising for "Yo' Mama" brand, a fashion label that caters to the young, trendy crowd with an urban, hip-hop image. While your customer base has traditionally been largely African-American, you have recognized a tremendous influx of Hispanic consumers into your market. You are preparing for next week's annual budget meetings and you have decided to recommend an Hispanic-focused advertising campaign if the average monthly per store sales to Hispanic customers are at least the same as the average monthly per store sales to AfricanAmerican customers in a sample of typical stores (sales data given below). Using an alpha of .025 and the 5-step hypothesis testing process, what will you recommend? Hint: Think about how many data points you actually have in each sample. 1. State the null (H0) and alternate (Ha) hypotheses 2. a) Choose the test statistic b) Give the critical value 3. State the decision rule 4. Calculate the test statistic 5. a) State the conclusion (i.e., reject H0 or not) b) Tell what the conclusion means c) Recommend a course of action You are the VP, Advertising for "Yo' Mama" brand, a fashion label that caters to the young, trendy crowd with an urban, hip-hop image. While your customer base has traditionally been largely African-American, you have recognized a tremendous influx of Hispanic consumers into your market. You are preparing for next week's annual budget meetings and you have decided to recommend an Hispanic-focused advertising campaign if the average monthly per store sales to Hispanic customers are at least the same as the average monthly per store sales to AfricanAmerican customers in a sample of typical stores (sales data given below). Using an alpha of .025 and the 5-step hypothesis testing process, what will you recommend? Hint: Think about how many data points you actually have in each sample

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