P-Value Assume that you have just developed a new manufacturing process that you believe reduces the rate

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P-Value Assume that you have just developed a new manufacturing process that you believe reduces the rate of defects when microchips are produced. You plan to justify your claim of a lower rate of defects by using a hypothesis test. Which P-value would you prefer: 0.10, 0.05, 0.01? Why?

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Elementary Statistics

ISBN: 9780201775709

9th Edition

Authors: Mario F. Triola

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