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Conduct the test using the level of significance

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Question: An advertisement for Qualcomm appearing in various business publications in fall 2003 said: "The average lunch meeting starts seven minutes late." A research firm tested this claim to see whether it is true. Using a random sample of 100 business meetings, the researchers found that the average meeting in this sample started 4 minutes late and the standard deviation was 3 minutes. Conduct the test using the 0.05 level of significance.

Reference no: EM131694455

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