is less than 60, the supermarket owner wants to reject the null hypothesis. What are the problems

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is less than 60, the supermarket owner wants to reject the null hypothesis. What are the problems with using such a decision rule?

c. Compute the value of the test statistic.

d. Find the approximate p-value of the test.

e. Select a value of

a, the probability of a Type I error. Interpret this value in the words of the problem.

f. Give the appropriate conclusion, based on the results of parts d and

e. g. What conditions must be satisfied for the test results to be valid? h. In Exercise

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Statistics For Business And Economics

ISBN: 9781292413396

14th Global Edition

Authors: James McClave, P. Benson, Terry Sincich

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