To make sure that this is the correct assumption he has

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Waiters at Finegold's Restaurant and Lounge earn most of their income from tips. Each waiter is required to "tip-out" a portion of tips to the table bussers and hostesses. The manager has based the "tip-out" rate on the assumption that the mean tip is at least 15% of the customer bill. To make sure that this is the correct assumption, he has decided to conduct a test by randomly sampling 60 bills and recording the actual tips. What is the null and alternative Hypothesis?

Reference no: EM13611539

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