STAT TECH IN BUSINESS & ECON AC
STAT TECH IN BUSINESS & ECON AC
18th Edition
ISBN: 9781264731657
Author: Lind
Publisher: MCG
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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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STAT TECH IN BUSINESS & ECON AC

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