A manufacturing firm claims that the batteries used in their electronic games will last an average of
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A manufacturing firm claims that the batteries used in their electronic games will last an average of 30 hours. To maintain this average L6 batteries are tested each month. If the computed /-value falls between —t0.025 and t0.025, the firm is satisfied with its claim. What conclusion should the firm draw from a sample that has a mean x = 27.5 hours and a standard deviation a = 5 hours? Assume the distribution of battery lives to be approximately normal.
DistributionThe 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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Related Book For
Probability & Statistics For Engineers & Scientists
ISBN: 9780130415295
7th Edition
Authors: Ronald E. Walpole, Raymond H. Myers, Sharon L. Myers, Keying
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