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Basic Business Statistics Study Set 3
Quiz 9: Fundamentals of Hypothesis Testing: One-Sample Tests
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Question 101
Multiple Choice
SCENARIO 9-3 An appliance manufacturer claims to have developed a compact microwave oven that consumes a mean of no more than 250 W.From previous studies,it is believed that power consumption for microwave ovens is normally distributed with a population standard deviation of 15 W.A consumer group has decided to try to discover if the claim appears true.They take a sample of 20 microwave ovens and find that they consume a mean of 257.3 W. -Referring to Scenario 9-3,the parameter of interest is
Question 102
True/False
Referring to Scenario 9-3,the consumer group can conclude that there is enough evidence that the manufacturer's claim is not true when allowing for a 5% probability of committing a Type I error.