In order to test if the population mean differs from 16, you draw a random sample of
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In order to test if the population mean differs from 16, you draw a random sample of 32 observations and compute the sample mean and the sample standard deviation as 15.2 and 0.6, respectively. Use
(a) The p-value approach and
(b) The critical value approach to implement the test at a 1% level of significance.
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Related Book For
Essentials Of Business Statistics Communicating With Numbers
ISBN: 9780078020544
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly
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