The Next Questions Are Based on the Following Information

question 55

Essay

The Next Questions Are Based On The Following Information:
A company selling new econometrics computer software advertises that firms using this software obtain,on average during the first year,a yield of at least 10% on their initial investments.A random sample of 10 of the franchises that used the software produced the following yields for the first year of operation: 9.4,11.1,10.4,10.5,11.2,8.2,8.5,4.0,8.8,and 6.1.Assume that population yields are normally distributed.
-Test the company's claim at the 5% significance level.

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Definitions:

Effector Organ

An organ or tissue that responds to neural or hormonal signals, carrying out the final response or action.

Autonomic Ganglion

A collection of nerve cell bodies in the autonomic nervous system that act as relay points for transmitting neurological signals to organs.

Smooth Muscle

A type of muscle found in the walls of hollow organs like the intestines and blood vessels, characterized by its involuntary control and lack of striations.

Pelvic Splanchnic Nerves

Nerves that arise from the sacral spinal nerves, contributing to the autonomic innervation of the pelvic organs.