The New Land Food Corporation is considering retiring 10 machines. For replacement, it can order some machines
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The New Land Food Corporation is considering retiring 10 machines. For replacement, it can order some machines of the same model or it can switch to the new model. The company has decided to try out one of the new machines before it makes a large investment in many of them. The daily productivity figures for the new machine and an old machine for the last 12 working days are recorded in the following table. Do a test to determine whether the new machine is better. Use 5 percent.
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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