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A Company Has a Contract to Supply Specialized Batteries to a Manufacturer

question 9

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A company has a contract to supply specialized batteries to a manufacturer with a mean width of 54mm and a variance of 1.8 or less with an alpha of 0.05.The company randomly tests 20 of these batteries to ensure that they are meeting the requirements of the contract.What would be the null hypothesis each time the company conducts the test of the variances?


Definitions:

Interest Rate

The percentage charged on a loan or paid on savings over a specific period, usually expressed as an annual percentage of the principal.

Invested Today

The action of allocating resources, usually money, in the present with the expectation of receiving a future return.

Equal Payments

Regular payments of the same amount over time, commonly associated with loans or annuities.

Interest Rate

The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal, per period of time.

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