Use the Traditional Method to Test the Given Hypothesis

question 43

Essay

Use the traditional method to test the given hypothesis. Assume that the population is normally distributed and that the sample has been randomly selected.
-A machine dispenses a liquid drug into bottles in such a way that the standard deviation of the contents is 81 milliliters. A new machine is tested on a sample of 24 containers and the standard deviation for this sample group is found to be 26 milliliters. At the 0.05 level of significance, test the claim that the amounts dispensed by the new machine have a smaller standard deviation.

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Definitions:

Unemployed

A term describing individuals who are capable of working, actively seeking work, but unable to find a job.

Full Employment

A situation in which all available labor resources are being used in the most efficient way possible, implying minimal involuntary unemployment.

Economic Goal

Objectives that societies or governments aim to achieve to ensure long-term sustainable prosperity.

Full Employment

A situation in an economy where all available labor resources are being used in the most efficient way possible, typically with low unemployment.