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.
