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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 manager can conclude that there is sufficient evidence to show that the mean number of defective bulbs per case is greater than 20 during the morning shift with no more than a 5% probability of incorrectly rejecting the true null hypothesis.
Value
A specific piece of data, often numerical, representing the magnitude, quantity, or importance of a variable or parameter in a process or calculation.
Source
The origin from which something comes, such as electricity in an electrical circuit, or data in an information system.
Destination
The term Destination in the context of automation and control systems refers to the target location or variable where data or control signals are directed.
Stored Value
A stored value refers to a quantity or information that is saved or retained in a storage system or medium for future use.
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