11. The mean annual turnover rate of the 200-count bottle of Bayer Aspirin is 6.0 with a standard deviation of 0.50. (this indicates that the stock Bayer turns over on the pharmacy shelves an average of six times per year). It is suspected that the mean turnover has changed and is not 6.0. Use the 0.05 significance level. A random sample of 64 bottles of the 200-count size Bayaer Aspirin showed a mean of 5.84. Shall we reject the hypothesis that the population mean is 6.0? Interpret the result . * L

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11. The mean annual turnover rate of the 200-count bottle of Bayer Aspirin is 6.0 with a standard
deviation of 0.50. (this indicates that the stock Bayer turns over on the pharmacy shelves an
average of six times per year). It is suspected that the mean turnover has changed and is not 6.0.
Use the 0.05 significance level.
A random sample of 64 bottles of the 200-count size Bayaer Aspirin showed a mean of 5.84. Shall
we reject the hypothesis that the population mean is 6.0? Interpret the result . *
Transcribed Image Text:11. The mean annual turnover rate of the 200-count bottle of Bayer Aspirin is 6.0 with a standard deviation of 0.50. (this indicates that the stock Bayer turns over on the pharmacy shelves an average of six times per year). It is suspected that the mean turnover has changed and is not 6.0. Use the 0.05 significance level. A random sample of 64 bottles of the 200-count size Bayaer Aspirin showed a mean of 5.84. Shall we reject the hypothesis that the population mean is 6.0? Interpret the result . *
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