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Suppose that you are a production engineer and based on your simulation model you take 4 replications (write down arbitrary values for production level results).

Suppose that you are a production engineer and based on your simulation model you take 4 replications (write down arbitrary values for production level results). Also, you know that the average monthly production level of previous year was 825,000 parts. Check your model validity for 0.99 level of confidence.

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