12.2 One of our companies has grown by an average of 5% in recent years. We are...

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12.2 One of our companies has grown by an average of 5% in recent years. We are now interested in whether the company has grown below average or above average compared to the population. To test this, we formulate the following null hypothesis:

The average growth of young enterprises in the population is 5%. Test the null hypothesis at the 5% significance level considering all relevant steps.

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