A group of young businesswomen wish to open a high fashion boutique in a vacant store, but only if the average income of households in the area is at least $25,000. A random sample of 9 households showed the following results.$28,000 $24,000 $26,000 $25,000$23,000 $27,000 $26,000 $22,000$24,000Use statistical techniques to advise the group on whether or not they should locate the boutique in this store. Use a .05 level of significance.
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i earn 3 lakh per month
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the answer is d
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