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Michelin claims that its all-season radial tires have a longer mean life than Good Years.Test this claim at the .02 level of significance.Develop a Null
- Michelin claims that its all-season radial tires have a longer mean life than Good Years.Test this claim at the .02 level of significance.Develop a Null and Alternate hypothesis and a conclusion based on a p-value of .025
2. An HR manager claims that there is no significant difference in the average salary of AR reps and AP reps.Test this claim at a .1 level of significance.
Develop a Null and Alternate hypothesis and a conclusion based on a p-value of .095
3. A stockbroker at XYZ Inc claims that its company's average portfolio is at least as large as those of ABC Inc.Test this claim at a .05 level of significance.
Develop a Null and Alternate hypothesis and a conclusion based on a p-value of .06
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