What are the applications of a one-sample hypothesis test in the business world? Discuss.

Instructions:

• For example, Apple can use the one-sample hypothesis test for quality control of Apple I-Phone 11. Let's say, Apple I-Phone 11 standard weight is 173 Grams. They can check the product weight is consistent with 173 grams by taking the weight of a random sample of manufactured I-phone and using a one-sample hypothesis test against standard value of 173 Grams.
• Discuss examples of different industries and different processes.