A bicycle has a listed price of $643.95 before tax. If the sales tax rate is 6.75%, find the total cost of the bicycle with sale
1 answer:
You might be interested in
Considering the situation described, we have that:
- The appropriate null hypotheses is
.
- The appropriate alternative hypotheses is
.
At the null hypotheses, it is tested if the mean has not been reduced, that is, it still is of 5.2 hours, hence:
.
At the alternative hypothesis, it is tested if the mean has been reduced, that is, it is now of less than 5.2 hours, hence:
More can be learned about hypotheses tests at brainly.com/question/26454209