Applied Managerial statistics
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a) For the CD Camera problem situation: interpret the p-value you calculated, in the terms of the problem.
b) For the CD Camera problem situation: compare the test statistic you calculated to the corresponding critical value (NOTE: be sure to use the value of Alpha given in the test statistic question when calculating the critical value you will compare to the test statistic) and interpret the decision in the terms of the problem?
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p- value = 0.0098 is the probability of rejecting a true null hypothesis, that is, ...
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