Using the weights of only the blue M&Ms listed in Data Set 11 of Appendix B, test

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Using the weights of only the blue M&Ms listed in Data Set 11 of Appendix B, test the claim that the mean is at least 0.9085 g, the mean value necessary for the 1498 M&Ms to produce a total of 1361 g as the package indicates. Use a 0.05 significance level. For the blue M&Ms,  = 0.9014 g and s = 0.0573 g. Based on the result, can we conclude that the package contents do not agree with the claimed weight printed on the label?
Use the traditional approach summarized. Draw a graph showing the test statistic and critical values. In each case, assume that the population has a distribution that is approximately normal and that the sample is randomly selected. Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Elementary Statistics

ISBN: 9780321225979

3rd Canadian Edition

Authors: Mario F. Triola

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