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In this case, the team states: Alternative hypothesis is the mean average (mu) of regular gas price in the Houston, Texas area will vary in cents per gallon from one gas station to the next, over the next five days. The educated assumption implies the null hypothesis to state there will not be a variance in the gas price between the corporate stations and the grocery store stations...
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In order to accept or reject the null hypothesis, the researchers collected data documenting the regular gasoline price from each of the mentioned gas stations. The researchers concurred that the hypothesis is to be equal to a 90% confidence level. The level of significance for the two-tailed test is 0...
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