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A Manufacturer Claims That Less Than 1% of All His

question 53

Multiple Choice

A manufacturer claims that less than 1% of all his products do not meet the minimum government
Standards. A survey of 500 products revealed ten did not meet the standard.
If the z-statistic is -2.054 and the level of significance is 0.03, what is your decision?


Definitions:

Cultural Differences

Variations in practices, beliefs, and values among different societies or communities.

Assessing

The process of evaluating or estimating the nature, ability, or quality of something or someone.

Diagnosing

The process of identifying a disease or condition from its symptoms and clinical signs.

Research Domain Criteria

A framework for research into mental disorders that integrates genetics, neuroscience, and behavior to better understand the complexities of mental health.

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