A corporation sets its annual budget for a new plant on the assumption that the average weekly cost for repairs is to be μ = 1,200. To see whether this claim is realistic, 10 weekly repair cost figures are obtained from similar plants. The sample is assumed to be random and yield = 1,290 and s = 110. The computed t is 2.587. Use a = 0.05. Assume normality of weekly cost. Type of t-test μ = 1,200 μ#1,200 tabulated t degrees of freedom Decision Choose... Choose... Choose... Choose... Choose... Choose... + + + + + +

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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A corporation sets its annual budget for a new plant on the assumption that the average weekly cost for repairs is to be µ = 1,200. To see
whether this claim is realistic, 10 weekly repair cost figures are obtained from similar plants. The sample is assumed to be random and yields X
= 1,290 and s = 110. The computed t is 2.587. Use α = 0.05. Assume normality of weekly cost.
Type of t-test
μ = 1,200
μ # 1,200
tabulated t
degrees of freedom
Decision
Choose...
Choose...
Choose...
Choose...
Choose...
Choose...
◆
◆
+
+
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+
Transcribed Image Text:A corporation sets its annual budget for a new plant on the assumption that the average weekly cost for repairs is to be µ = 1,200. To see whether this claim is realistic, 10 weekly repair cost figures are obtained from similar plants. The sample is assumed to be random and yields X = 1,290 and s = 110. The computed t is 2.587. Use α = 0.05. Assume normality of weekly cost. Type of t-test μ = 1,200 μ # 1,200 tabulated t degrees of freedom Decision Choose... Choose... Choose... Choose... Choose... Choose... ◆ ◆ + + → +
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