TV safety revisited The manufacturer of the metal TVstands in Exercise 31 is thinking of revising its safety test.a) If the company’s lawyers are worried about being suedfor selling an unsafe product, should they increase ordecrease the value of a? Explain.b) In this context, what is meant by the power of the test?c) If the company wants to increase the power of the test,what options does it have? Explain the advantages anddisadvantages of each option.

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Q: What is the probability that a student takes the SAT more than one time? Q-2  Refer to the data…

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.