"D" size batteries produced by MNM Corporation have had a life expectancy of 87 hours. Because of an improved production process, it is believed that there has been an increase in the life expectancy of its "D" size batteries. A sample of 36 batteries showed an average life of 88.5 hours. Assume from past information that it is known that the standard deviation of the population is 9 hours

a. Formulate the hypotheses for this problem.
b. Compute the test statistic.
c. What is the p-value associated with the sample results? What is your conclusion based on the p-value? Let ? = .05.


a. H0: ? ? 87
Ha: ? > 87
b. Z = 1
c. p-value = 0.1587; therefore, do not reject H0

Business

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A) ?deficit. B) ?retained loss. C) ?retained debit. D) ?other comprehensive loss.

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Answer the following statements true (T) or false (F)

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Business

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A. Choice A B. Choice B C. Choice C D. Choice D

Business

Restrictive covenants are designed to protect both the bondholder and the issuer even though they might constrain the actions of the firm's managers. Such covenants are contained in the bond's indenture.

Answer the following statement true (T) or false (F)

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