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If a decision, of a large discount chain to start its new location in a small...

If a decision, of a large discount chain to start its new location in a small city, was dependent upon the per capita retail sales for the city being significantly greater than $4,501. A sample of 501 residents was taken and showed a mean of $4,781. A population standard deviation of $2,501 was known.

What is the decision rule?

Reject if t is less than :

Math   Statistics-And-Probability   
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