Question: Develop an appropriate Hypothesis Test at 0.10 significance level to validate DLS Management's claim. You may adopt either critical or p value approach with the
Develop an appropriate Hypothesis Test at 0.10 significance level to validate DLS Management's claim. You may adopt either critical or p value approach with the help of outputs from Excel Data Analysis tool. However, you are required to show all the test steps. Explain the type of Hypothesis Test Error that may occur in your test conclusion, the consequence of this error, and how the probability of its occurrence can be reduced
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