On the basis of your answer to question 76, do you believe the advertisement is accurate? Question

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On the basis of your answer to question 76, do you believe the advertisement is accurate?

Question 76

A natural food company is marketing a new yogurt that it advertises as having only half the fat of regular yogurt. The average amount of fat in a cup of regular yogurt is 1 unit. The Food and Drug Administration has asked us to investigate the product to see whether the company has engaged in false advertising. The test results are as follows:image text in transcribed

What is the probability of our observing .52 units of average fat, as shown in the report if the population average fat is .5, as stated in the advertisement?

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Related Book For  book-img-for-question

Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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