A random sample of 51 items is taken with x overscript bar


A random sample of 51 items is taken, with x Overscript bar EndScripts equals 58.42 and s2 = 25.68. Use these data to test the following hypotheses, assuming you want to take only a 1% risk of committing a Type I error and that x is normally distributed. The null hypothesis is equal to 60 and the alternate is saying less than 60

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Microeconomics: A random sample of 51 items is taken with x overscript bar
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