Harry thinks that prices in Caldwell are higher than the rest of the country. He reads that the nationwide average price of a certain brand of laundry detergent is $15.75 with standard deviation $1.13. He takes a sample from 4 local Caldwell stores and finds the average price for this same brand of detergent is $16.62.

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Answer:

Complete question: "For this situation, state the null and alternative hypotheses"

Hypothesis Test:

Hо : μ ≤ 15.75 (Null Hypothesis)

Ha : μ > 15.75 (Alternate Hypothesis, H1)

This is upper tailed test.

A hypothesis is a term referred to as the assumption or the proposed thesis over any of the arguments in the context. This is something that can be read up and can be questioned on the basis of the context over in it.  

Hypothesis Test:

Hо : μ ≤ 15.75 (Null Hypothesis)

Ha : μ > 15.75 (Alternate Hypothesis, H1)

This is an upper-tailed test.

To know more about Caldwell, refer to the link below:

https://brainly.com/question/14213223

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