The Next Questions Are Based on the Following Information

question 130

Essay

The Next Questions Are Based On The Following Information:
An engineering research center claims that,through the use of a new computer control system,automobiles should achieve,on average,at least an additional 5 miles per gallon of gas.A random sample of 81 automobiles was used to evaluate this product.The sample mean increase in miles per gallon achieved was 4.5,and the sample standard deviation was 2.9 miles per gallon.
-State the appropriate null and alternative hypotheses.

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Definitions:

Section 5

A provision of the Federal Trade Commission Act that prohibits unfair or deceptive acts in commerce.

1933 Act

The Securities Act of 1933, a U.S. federal law regulating the securities industry, focusing on the offer and sale of securities, emphasizing transparency and fairness.

Illegal Offer

A proposal to enter into an agreement that is against the law and therefore unenforceable.

Rescission

The legal act of canceling, revoking, or terminating a contract, returning all parties to their original positions prior to the contract.