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Author Question: An automobile manufacturer stated that it will be willing to mass produce electric-powered cars if ... (Read 58 times)

april 19

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on: Mar 25, 2023

An automobile manufacturer stated that it will be willing to mass produce electric-powered cars if more than 30% of potential buyers indicate they will purchase the newly designed electric cars. In a sample of 500 potential buyers, 160 indicated that they would buy such a product.

a.State the hypotheses for this problem
b.Compute the standard error of .
c.Compute the test statistic.
d.At 95% confidence, what is your conclusion? Should the manufacturer produce the new electric powered car?

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by april 19 on Mar 25, 2023

Afvelasquez

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Reply #1 on: Mar 25, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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april 19

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Reply 2 on: Mar 25, 2023
YES! Correct, THANKS for helping me on my review

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Reply 3 on: Yesterday
Excellent

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