zanzkieetnoper zanzkieetnoper
  • 23-05-2023
  • Mathematics
contestada

1. It is hypothesized that the average production cost in
making a movie is ₱24.6 million. This year, a random
sample of 15 movies have shown an average production
cost of ₱28.3 million with a standard deviation of ₱9.5
million. At 0.01 level of significance, is the hypothesized
average production cost true?

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