question archive Relaxation in any business affects the output
Relaxation in any business affects the output
Subject:EconomicsPrice: Bought3
Relaxation in any business affects the output. The most important sector in
business is the clientele. In view of this, businessman T analyzed data on his
clients. He claims that 65% of his clients make the business thrive. For this
confidence to be sustained, he must have at least 15 clients daily. A random
sample of 20 days had the following numbers of daily clients:
14 9 17 11 13 18 14 8 20 7
16 23 5 16 22 11 17 13 15 25
Formulate the relevant hypothesis and test it at α=0.05
