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Identify the Null Hypothesis, Alternative Hypothesis, Test Statistic, P-Value, Conclusion

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Essay

Identify the null hypothesis, alternative hypothesis, test statistic, P-value, conclusion about the null hypothesis, and final conclusion that addresses the original claim
-David wants to test a claim about a population mean. The population standard deviation is unknown, the sample is a simple random sample of size 20, and the population is normally distributed. In this case, the t-test should be used since ? is unknown. If David incorrectly uses the normal distribution instead of the t-distribution, will he obtain a P-value that is too big or too small? Explain your thinking. Will he be more likely or less likely to reject the null hypothesis than if had correctly used the t-distribution?


Definitions:

Decisions

The act or process of choosing a course of action from among various alternatives.

Electrolux AB

A leading global appliance company that manufactures and sells household and professional appliances under various brand names.

Plant Manager

An individual responsible for overseeing the daily operations of manufacturing plants and factories.

Profit

The financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes needed to sustain it.

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