1, A business was attempting to measure if increased advertising led to more online sales revenue. Data shows that the average monthly sales revenue were $100,000,000 prior to the new campaign. Please write a null and alternative hypothesis that would guide the research.
2, If the above business owner was only concerned about if the sales revenue increased how would you express the null and alternative hypothesis?
1)
Given :- The Avg monthly sales revenue were $ 100,000,000
Null and Alternative hypothesis for the above statement is,
Hypothesis :-
Ho : u = $ 100,000,000 ( Claim )
H1 : u $ 100,000,000
Claim is on null hypothesis
2)
If the sales revenue increased
from the above statement,
Null and Alternative hypothesis for the above statement is,
Hypothesis :-
Ho : u = $ 100,000,000
H1 : u > $ 100,000,000 ( Claim )
Claim is on Alternative hypothesis
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