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SCENARIO 9-1
Microsoft Excel was used on a set of data involving the number of defective items found in a random sample of 46 cases of light bulbs produced during a morning shift at a plant.A manager wants to know if the mean number of defective bulbs per case is greater than 20 during the morning shift.She will make her decision using a test with a level of significance of 0.10.The following information was extracted from the Microsoft Excel output for the sample of 46 cases:
-Referring to Scenario 9-1,the null hypothesis would be rejected if a 1% probability of committing a Type I error is allowed.
Original Duty
The fundamental obligation or responsibility that a party has in a contractual or legal relationship.
Enforce
To compel obedience or compliance through legal or authoritative means; to ensure the fulfillment of a requirement.
Give Consideration
In contract law, the act of offering something of value, required by both parties for a contract to be legally binding.
Promissory Estoppel
A legal principle that prevents a person from going back on a promise even when a legal contract does not exist.
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