Question: Suppose that in Example 11.1 we wanted to determine whether there was sufficient evidence to conclude that the new system would not be cost-effective. Set

Suppose that in Example 11.1 we wanted to determine whether there was sufficient evidence to conclude that the new system would not be cost-effective. Set up the null and alternative hypotheses and discuss the consequences of Type I and Type II errors. Conduct the test. Is your conclusion the same as the one reached in Example 11.1? Explain.

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