hypothesis testing............................
Question Description
3. The American Lighting Company developed a new light bulb that it believes will last at least 700 hours on average. A test is to be conducted using a random sample of 50 bulbs, and a 1% level of significance. Assume that the population standard deviation is 10 hours. What are the consequences of making a type II error? What is the probability of making a Type II error if the true population mean is 695 hours?
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