For each claim, state H0 and Ha in words and in symbols. Then determine whether the hypothesis
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1. A consumer analyst reports that the mean life of a certain type of automobile battery is not 74 months.
2. A realtor publicizes that the proportion of homeowners who feel their house is too small for their family is more than 24%.
a. Write H0 and Ha in words and in symbols.
b. Determine whether the test is left-tailed, right-tailed, or two-tailed.
c. Sketch the sampling distribution and shade the area for the P-value.
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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Related Book For
Elementary Statistics Picturing The World
ISBN: 9780321911216
6th Edition
Authors: Ron Larson, Betsy Farber
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