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Homework check. See attachment.
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@phi
@amistre64
for (a), the hypothesis is mu has decreased. You chose mu has either decreased or increased. that is not the same thing
so A?
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they guess is mean price has decreased below 243,707 if mu has decreased to less than 243.707 how would you write it ? mu < 243,707
ok C it is then. what about (b) & (c)?
yes, (a) is C (b) and (c) look correct.
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