Conclude that average weight is less than ten ounces
A random sample of mens soccer shoes from an international catalog had the following weights (in ounces)
10.8 9.8 8.8 9.6 9.910 8.4 9.6 10 9.49.8 9.4 9.8
At a=0.05 can it be concluded that the average weight is less than 10 ounces?
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A random sample of mens soccer shoes from an international catalog had the following weights (in ounces). At a=0.05 can it be concluded that the average weight is less than 10 ounces?
If 100 random samples of size n were drawn and, if, for each, a 99% confidence interval for μ was computed, then exactly 99 of these confidence intervals would contain the true population mean within their limits. Elaborate.
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Simid Sports has a working arrangement with its bank to obtain additional loans as needed. The interest rate is 12% per year, and interest is paid at the end of each month-end based on the beginning balance. Partial or full payments on these loans
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