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soldier1979 [14.2K]
3 years ago
14

Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an advertising campaign to increase

daily sales. To determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. They found that the average daily sales were $6,300 per day. From past history, the restaurant knew that its population standard deviation is about $1,000. If the level of significance is 0.01, have sales increased as a result of the advertising campaign?

Business
1 answer:
lutik1710 [3]3 years ago
3 0

Answer:

Yes, sales have increased as a result of the advertising campaign.

Explanation:

Find attached the explanation.

Note: I had to convert the explanation into both jpeg and files (both contains the same answer) when the answer box kept on rejecting my answer claiming it contains swear words when it does not.

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Answer:

$3,544

Explanation:

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∴ ($5000 - ($2000) = $3000

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3 0
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The general manager of a clothing store recently gave a motivational PowerPoint presentation to his employees on the value of be
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Answer:

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Explanation:

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4 0
3 years ago
In a print advertisement, items used to identify the sponsor of the ad, such as the company logo or usp, are referred to as.
AVprozaik [17]

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Advertising Management :

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What are brand elements ?

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3 0
1 year ago
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dexar [7]

Answer:

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I hope my answer helps you

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