A pharmaceutical manufacturer is concerned that the mean impurity concentration in pills should not exceed 2%. It

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A pharmaceutical manufacturer is concerned that the mean impurity concentration in pills should not exceed 2%. It is known that impurity concentrations follow a normal distribution with a population standard deviation 0.32%. A random sample of 64 pills from a production run was checked, and the sample mean impurity concentration was found to be 2.05%.
a) Test at the 5% level the null hypothesis that the population mean impurity concentration is 2% or less against the alternative that it is more than 2%.
b) Calculate the p-value for this test?

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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Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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