Suppose That You Wish to Use a Hypothesis Test to Test

question 97

Essay

Suppose that you wish to use a hypothesis test to test a claim made by a juice bottling company regarding the mean amount of juice in its 16 oz bottles. Why does the original claim sometimes become the null hypothesis, and why does it sometimes become the alternative hypothesis? Give an example of a claim which would become the null hypothesis and an example of a claim would become the alternative hypothesis.

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Definitions:

Florists

Businesses or individuals specializing in arranging and selling flowers and ornamental plants.

Receivable

An amount of money owed to a company by its customers or clients for goods or services delivered but not yet paid for.

Inventory Increase

A rise in the quantity of products or materials that a company has available for sale or use, which is often an indicator of production levels or sales expectations.

Cash Discount

A reduction in the amount due by a buyer if payment is made within a specified period.