Question: A company selling licences for new e - commerce computer software advertises that firms using this software obtain, on average during the first year, a
A company selling licences for new e
commerce computer software advertises that firms using this software obtain, on average during the first year,
a yield of
on their initial investments. A random sample of
of these
franchises produced the following yields for the first year of operation:
Assuming that population yields are normally distributed, test the company
s
claim at eh significance level. What is the pvalue for this test?
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