STAT TECH IN BUSINESS & ECON LL\AC
STAT TECH IN BUSINESS & ECON LL\AC
18th Edition
ISBN: 9781264720545
Author: Lind
Publisher: MCG
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Chapter 15, Problem 31CE

a.

To determine

Explain the reason for using z-statistic as the test statistic.

b.

To determine

Write the null and alternative hypotheses.

c.

To determine

Draw a diagram for the decision rule.

d.

To determine

Find the test statistic.

Obtain the decision.

e.

To determine

Find the p-value and explain it.

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Chapter 15 Solutions

STAT TECH IN BUSINESS & ECON LL\AC

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