A Company That Makes Shampoo Wants to Test Whether the Average

question 61

Multiple Choice

A company that makes shampoo wants to test whether the average amount of shampoo per bottle is 16 ounces. The standard deviation is known to be 0.20 ounces. Assuming that the hypothesis test is to be performed using 0.10 level of significance and a random sample of n = 64 bottles, how large could the sample mean be before they would reject the null hypothesis?

• A) 16.2 ounces
• B) 16.049 ounces
• C) 15.8 ounces
• D) 16.041 ounces

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Definitions:

Clayton Act

A U.S. antitrust law aimed at increasing competition by preventing unfair trade practices and monopolies.

Federal Trade Commission Act

A U.S. federal law established in 1914 to prevent unfair or deceptive business practices, including anti-trust laws, to promote fair competition.

Social Regulation

Rules and standards imposed by governments to protect public welfare, including health, safety, and the environment.

Industrial Regulation

This term pertains to government rules and laws aimed at supervising and controlling industry practices to ensure fair competition, quality standards, and consumer protection.