Question: The test of hypothesis in the SSA example concluded that there was not enough evidence to infer that the plan would be profitable. The company

The test of hypothesis in the SSA example concluded that there was not enough evidence to infer that the plan would be profitable. The company would hate to not institute the plan if the actual reduction was as little as 3 days (i.e., μ = 21).

Calculate the relevant probability and describe how the company should use this information.

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