A box of Mr. Phipps Tater Crisps is supposed to contain 156 grams of potato chips. On the side of the box it says "This package is sold by weight, not by volume. Packed as full as practicable by modern automatic equipment, it contains full net weight indicated. If it does not appear full when opened, it is because contents have settled during shipping and handling". Periodically, the Nabisco Company receives complaints that their boxes of Tater Crisps are not full (i.e., that they contain less than 156 grams of potato chips). To test this claim, the Nabisco Company randomly samples 10 boxes and finds the average amount of potato chips held by the 10 boxes is 154 grams and the standard deviation is 30 grams. Calculate the appropriate test statistic needed to test the null hypothesis.

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To calculate the compound growth rate we can use the formula A P x 1 rnnt Where A the ... View the full answer