A company that receives shipments of batteries tests a random sample of nine of them before agreeing

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A company that receives shipments of batteries tests a random sample of nine of them before agreeing to take a shipment. The company is concerned that the true mean lifetime for all batteries in the shipment should be at least 50 hours. From past experience it is safe to conclude that the population distribution of lifetimes is normal with a standard deviation of 3 hours. For one particular shipment the mean lifetime for a sample of nine batteries was 48.2 hours. Test at the 10% level the null hypothesis that the population mean lifetime is at least 50 hours. Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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