According to the National Retail Federation, the average shopper will spend $1,007.24 during the holiday shopping season. What i

Question

ollegr [7]

2 years ago

8

According to the National Retail Federation, the average shopper will spend $1,007.24 during the holiday shopping season. What i

s the null and alternate hypothesis

Mathematics

1 answer:

Mazyrski [523] · Answer 1 · 2022-10-11T11:01:24+03:00

Based on the amount predicted to be spent, the hypotheses will be:

Null Hypothesis = $1,007.24
Alternate Hypothesis ≠ $1,007.24

The Null Hypothesis is the one that confirms the prediction so in this case it will be that the average shopper will indeed spend $1,007.24.

The Alternate Hypothesis theorizes that the event being predicted will not happen so in this case that would mean that the shopper would not spend $1,007.24.

In conclusion, the null hypothesis confirms and the alternate denies.

<em>Find out more on the null hypothesis at brainly.com/question/15980493.</em>