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The company will not ship the days production if the sample mean weight of the 50 pack- ages is too low Managers would like to have a cut off value whereby they will decide not to ship the

The company will not ship the day's production if the sample mean weight of the 50 pack-

ages is too low. Managers would like to have a "cut off" value whereby they will decide

not to ship the day's production if the sample mean weight of the 50 packages falls below

the cut-off. What should the cut-off value be so that the chance of not shipping the day's

production is 2%? Compute this value and round the answer to 2 decimal places

Apr 05 2020 View more View Less

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