=+b) Suppose they decide not to market the wax after the test, but it turns out that
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=+b) Suppose they decide not to market the wax after the test, but it turns out that the wax really does lower the champion’s average time to less than 55 seconds. What kind of error have they made? Explain the impact to the company of such an error.
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Related Book For
Business Statistics Plus Pearson Mylab Statistics With Pearson Etext
ISBN: 978-1292243726
3rd Edition
Authors: Norean R Sharpe ,Richard D De Veaux ,Paul Velleman
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