Multiple Choice
Use the following information for questions:
A small bakery is trying to predict how many loaves of bread to bake daily. They randomly sample daily sales records from the past year. In these days, the bakery sold between 40 and 80 loaves per day with a 95% confidence interval for the population mean daily loaf demand given by (51, 54) .
-Based on this interval, what is the decision for testing H0: = 50 versus Ha: 50 at the 5% significance level?
A) Reject the null hypothesis.
B) Fail to reject the null hypothesis.
C) Cannot be determined.
Correct Answer:

Verified
Correct Answer:
Verified
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