Calculate the value of the test statistic
A sample of 16 items provides a sample standard deviation of 9.5. Test the following hypotheses using a = .05.
? 0 : s 2 = 50
? a : s 2 > 50
Calculate the value of the test statistic (to 2 decimals).
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A sample of 16 items provides a sample standard deviation of 9.5. Test the following hypotheses using a = .05. Calculate the value of the test statistic (to 2 decimals).
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Isomer Industrial Training Corporation is considering the purchase of new presentation equipment at a cost of $150,000. The equipment has an estimated useful life of 10 years with an expected salvage value of zero.
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