A Fast-Food Franchise Is Considering Building a Restaurant at a Busy

Multiple Choice

A fast-food franchise is considering building a restaurant at a busy intersection. A financial advisor determines that the site is acceptable only if, on average, more than 300 automobiles pass the location per hour. If the advisor tests the hypotheses H₀: μ ≤ 300 versus H_A: μ > 300, μ stands for ________.

A) the average number of automobiles that pass the intersection per hour
B) the number of automobiles that pass the intersection per hour
C) the proportion of automobiles that pass the intersection per hour
D) the standard deviation of the number of automobiles that pass the intersection per hour