pharmaceutical company advertises that it will deliver the vaccines within 15 days of procurement. A sample of 64 past clients is taken. The average delivery time in the sample was 16.5 days. Assume the population standard deviation is known to be 6.5 days. Perform the 5 steps of Hypothesis testing given a 97% confidence level. Use both the critical and p-value approach – provide justification for your conclusion
pharmaceutical company advertises that it will deliver the vaccines within 15 days of procurement. A sample of 64 past clients is taken. The average delivery time in the sample was 16.5 days. Assume the population standard deviation is known to be 6.5 days. Perform the 5 steps of Hypothesis testing given a 97% confidence level. Use both the critical and p-value approach – provide justification for your conclusion
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A pharmaceutical company advertises that it will deliver the vaccines within 15 days of procurement. A sample of 64 past clients is taken. The average delivery time in the sample was 16.5 days. Assume the population standard deviation is known to be 6.5 days. Perform the 5 steps of Hypothesis testing given a 97% confidence level. Use both the critical and p-value approach – provide justification for your conclusion
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