Business and management -state alternative hypothesis

Reference no: EM131432276

Business and Management

The Savannah Sugar Refinery in Louisiana will invest in new energy-saving devices if there is evidence to suggest that the mean amount of energy (in kilowatts) used per day will decrease from 1925.

Suppose m is the population mean amount of energy used per day, and an experiment is designed to test the new equipment. State the null and alternative hypotheses in terms of μ.

Reference no: EM131432276

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