Question
A contractor wishes to lower heating bills by using a special type of insulation in houses. If the average of the monthly heating bills
A contractor wishes to lower heating bills by using a special type of insulation in houses. If the average of the monthly heating bills is $87.Given the following data: sample mean of $87, population standard deviation of 4 and sample of 36. a. Formulate the hypothesis Ho and HA Then Test the hypothesis using alpha of 0.05. b) Calculate the p-value approach. Interpret the result.
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Probability & Statistics For Engineers & Scientists
Authors: Ronald E. Walpole, Raymond H. Myers, Sharon L. Myers, Keying
7th Edition
9789813131279, 130415294, 9813131276, 978-0130415295
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