A banker, who works at a credit union, is interested in studying the average percent of banking fees customers per on a monthly basis. It is known that the average monthly banking fee is 9 dollars. The banker believes the average monthly banking fee has increased. What are the hypotheses? Fill in the blanks with the correct symbol (=,#,<, or >) to represent the correct hypothesis.

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter12: Probability
Section12.2: Introduction To Probability
Problem 52E
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A banker, who works at a credit union, is interested in studying the average percent of banking fees customers per on a
monthly basis. It is known that the average monthly banking fee is 9 dollars. The banker believes the average monthly
banking fee has increased.
What are the hypotheses?
Fill in the blanks with the correct symbol (=,#,<, or >) to represent the correct hypothesis.
Sorry, that's incorrect. Try again?
null hypothesis :H
19
alternative hypothesis : µ
9
Transcribed Image Text:A banker, who works at a credit union, is interested in studying the average percent of banking fees customers per on a monthly basis. It is known that the average monthly banking fee is 9 dollars. The banker believes the average monthly banking fee has increased. What are the hypotheses? Fill in the blanks with the correct symbol (=,#,<, or >) to represent the correct hypothesis. Sorry, that's incorrect. Try again? null hypothesis :H 19 alternative hypothesis : µ 9
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