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Suppose you can set the mean number of ounces of soda that is put into a can. The actual number of ounces has a standard deviation of .05 ounces. Answer the following:
1. If you set the mean at 12.03 ounces, and a soda can is acceptable if it contain at least 12 ounces, what fraction of cans are acceptable?
2. What fraction of cans have less than 12.1 ounces?
3. To what should you set the mean if you want at most 1 percent of your cans to contain at most 12 ounces?
question the number of shares traded each day on the australian stock exchange asx is referred to as the volume of
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To explain this, be sure to explain whether the null hypothesis should be rejected, the likelihood of that decision being an error, and why it might have been an error.
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