(Answered) Question the mean volume of sales for a sample of 100 sales

Statistics

Question: The mean volume of sales for a sample of 100 sales representatives is $25,350 per month. The sample standard deviation is $7,490. The vice president for sales would like to know whether this result is significantly different from $24,000 at a 95 percent confidence level. Set up the appropriate null and alternative hypotheses, and perform the appropriate statistical test.

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