Test null hypothesis that the population mean is given value

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Reference no: EM13156470

You collect a sample of 100 observations on monthly spending on fast food. The sample mean is $96 and the sample variance is 400. Test the null hypothesis that the population mean is $100. Show your work.

Reference no: EM13156470

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Test null hypothesis that the population mean is given value : You collect a sample of 100 observations on monthly spending on fast food. The sample mean is $96 and the sample variance is 400. Test the null hypothesis that the population mean is $100. Show your work.

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