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A random sample of 25 elements selected from a population produced a variance equal to 4.959.The null hypothesis is that the population variance is less than or equal to 3.90 and the alternative hypothesis is that the population variance is greater than 3.90.Assume that the population is normally distributed.The significance level is 1%.
-The value of the chi-square test statistic is,rounded to three decimal places:
Forecasting
The process of making predictions about future events or trends based on historical data analysis or model projections.
Future Demand
The anticipated need or desire for products or services in an upcoming period, based on trends, historical data, and forecasting models.
Conditions
The existing circumstances or state of affairs surrounding a situation or the terms affecting agreements and contracts.
Merkel Cells
Specialized skin cells that function as mechanoreceptors for touch sensation, located in the epidermis.
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