THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A machine press manufacturer is comparing orders coming from different regions in the country and has collected the following data from 20 orders.
-Is there sufficient evidence to reject the null hypothesis that the average number of machines per order is the same for different regions of the country?
Definitions:
Average Variable Cost
The total variable cost divided by the quantity of output produced.
Output
The amount of goods or services produced by a company, sector, or economy.
Fixed Cost
Costs that do not vary with the level of output or production, such as rent, salaries, and insurance premiums.
Average Total Cost
The total cost of production divided by the number of units produced, representing the per-unit cost of production.
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