Readers of a national magazine were asked to rate their satisfaction with 36 restaurant chains in the United States on a scale from 0 to 100. Each chain was then classified as a low-price restaurant (under $16 per person) or a high-price restaurant ($16 or more). Assume that all conditions for the Mann-Whitney test have been met.
Choose the correct null and alternative hypotheses to test the claim that customer satisfaction with low-priced and high-priced restaurant chains differ.
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H0: The median satisfaction for low-priced restaurants is less than the median for high-priced restaurants.
Ha: The median satisfaction for low-priced and high-priced restaurants is the same
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H0: The median satisfaction for low-priced and high-priced restaurants is the same
Ha: The median satisfaction for low-priced restaurants is less than the median for high-priced restaurants
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H0: The median satisfaction for low-priced and high-priced restaurants is the same
Ha: The median satisfaction for low-priced and high-priced restaurants differs
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H0: The median satisfaction for low-priced and high-priced restaurants is the same
Ha: The median satisfaction for low-priced restaurants is greater than the median for high-priced restaurants.
A Royal Bengal Tiger, the largest big cat in Bannerghatta National Park, India
The amino acid sequences of whale myoglobin and the α and β chains of human hemoglobin
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.