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Context: Assume that the M&M's company targets to include 14 (no more and no less) M&Ms...

Context: Assume that the M&M's company targets to include 14 (no more and no less) M&Ms in a package. Imagine that we collected a sample of 30 packages of M&Ms and found an average of 14.37 and sample standard deviation of 0.76. We want to see if we have evidence that there is a difference between what M&M targets (14 M&Ms) and what we found in our sample (14.37 M&Ms) at the 0.05 level of significance.

Conduct the appropriate hypothesis test in Excel and complete the following question

a) What is the lower critical value?

b) What is the upper critical value?

c) What is the test value (either the T-value or the Z-value)?

d) What is the P-Value?

Math   Statistics-And-Probability   
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