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Suppose that 9 grades are drawn from a normal population whose standard deviation is 15.The observations are:
90
54
78
66
48
72
66
42
60
At 99% confidence,you want to determine whether the mean of the population from which this sample was taken is greater than 50.
a.State the null and alternative hypotheses.
b.Compute the value of the test statistic.
c.Compute the p-value.
d.Interpret the results.
Reimburse
To reimburse is to pay back or compensate someone for expenses they have incurred.
Incorporation
The process of legally declaring a corporate entity as separate from its owners.
Mandatory Dividend Provisions
Rules or clauses within a company's charter or bylaws that require the company to pay dividends to its shareholders under certain conditions.
Corporate Laws
Regulations and legal principles dealing with the formation, operation, and dissolution of corporations.
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