Question

According to the National Retail Federation, the average shopper will spend $1,007.24 during the holiday shopping season. What is the null and alternate hypothesis

Answer 1

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.

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