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Acar dealership plans their budget, hiring, and scheduling on the established data that it takes 90 days or less to sell a vehicle. The owner
Acar dealership plans their budget, hiring, and scheduling on the established data that it takes 90 days or less to sell a vehicle. The owner is worried that it is taking longer than 90 days so runs a hypothesis test. Ho: u 90 a) Explain the consequences associated with committing a Type I error in this case. b) Explain the consequences associated with committing a Type II error in this case
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