Formulate null and alternatives hypotheses for applications involving a single population mean, proportion, or

continued fron question: Formulate null and alternatives hypotheses for applications involving a single population mean, proportion, or variance.

question:
PiggyBank has narrowed its options down to two incentive plans: A. cash back when the consumer makes an online purchase; and B. cash back when the consumer makes a purchase at a clothing store. The bank doesn't know whether consumers would shop online more than at clothing stores.
Information Experts has placed you in a group to develop null and alternative hypotheses to help the bank determine which option would provide the best incentive to consumers. Work with your group members to develop the null and alternative hypotheses. As a group, write a brief memo to the PiggyBank product development team describing your hypotheses and explaining how you arrived at them.

Well, you need to collect some data to do any kind of hypothesis testing. Were you given some data as a part of the question?

Ah, it's final exams week, huh? Sorry, you have to do this one on your own.

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