Statistical Techniques in Business and Economics
Statistical Techniques in Business and Economics
16th Edition
ISBN: 9780077639723
Author: Lind
Publisher: Mcgraw-Hill Course Content Delivery
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Chapter 15, Problem 2SR

a.

To determine

State the null and alternate hypotheses for the given data.

b.

To determine

Find the probability of a Type I error.

c.

To determine

Check whether the test is one-tailed or a two-tailed test.

d.

To determine

Find the decision rule.

e.

To determine

Find the value of the test statistic.

f.

To determine

Find the decision regarding the null hypothesis.

g.

To determine

Find the value of p and find its mean in terms of the given problem.

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