Determine what conclusion can be made at significance level

Reference no: EM13109949

Movie theater complex will raise its ticket price if average ticket price of theaters in southern california exceeds $7.50. Random sample of 36 theaters resulted in mean of $7.80. Population standard deviation is $1.00. Determine conclusion can be made at 10% significance level? How about 5% significance level?

Reference no: EM13109949

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