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Suppose you are testing the following hypothesis: Ho: 4,000 Ha: < 4,000 A random sample of size is 16 is taken from the target population.

Suppose you are testing the following hypothesis:

Ho: 4,000

Ha: < 4,000

A random sample of size is 16 is taken from the target population. The sample mean is 3,920 and the sample standard deviation is 200. The significance level is set at 0.01.

Assume that the values in the population are normally distributed. Should you reject the Ho?

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