I purchased the fastest internet speed I could. The local company promised me 1.0 Gbps speed on average. I tested my connection once, and got 0.8 Gbps. If I assume that connection speeds follow an exponential distribution, and I use the test of hypothesis framework, does my single observation provide evidence that my true average internet speed is less than the 1.0 Gbps claimed? Use a 10% significance level.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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I purchased the fastest internet speed I could. The local company promised me 1.0 Gbps speed on average. I tested my connection once, and got 0.8 Gbps. If
I assume that connection speeds follow an exponential distribution, and I use the test of hypothesis framework, does my single observation provide evidence that my
true average internet speed is less than the 1.0 Gbps claimed? Use a 10% significance level.
Transcribed Image Text:I purchased the fastest internet speed I could. The local company promised me 1.0 Gbps speed on average. I tested my connection once, and got 0.8 Gbps. If I assume that connection speeds follow an exponential distribution, and I use the test of hypothesis framework, does my single observation provide evidence that my true average internet speed is less than the 1.0 Gbps claimed? Use a 10% significance level.
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