Hypotheses of this scenario of the restuarant franchises

Reference no: EM1385759

Do sit down restuarant franchises and fast food franchises differ significantly in stock price? Specifically, is the average stock price for sit-down restaurants different from the average stock price for fast food restaurants? If sit down restaurants are considered group 1 and fast food restaurants are group 2, what are the hypotheses of this scenario?

1) HO: μ1 ≤ μ2
HA: μ1 > μ2

2) HO: μ1 > μ2
HA: μ1 ≤ μ2

3) HO: μ1 ≥ μ2
HA: μ1 < μ2

4) HO: μ1 ≠ μ2
HA: μ1 = μ2

5) HO: μ1 = μ2
HA: μ1 ≠ μ2

Reference no: EM1385759

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