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# The management of the Green Bay Packers football team would like to test the hypothesis that the ...

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7 months ago
The management of the Green Bay Packers football team would like to test the hypothesis that the average price of a ticket is less than $225 on the secondary market. A random sample of 40 customers paid an average of$207 for their ticket. Assume that the actual average ticket price on the secondary market is $212.50 and the standard deviation of the price of tickets for Packers games is$43. The Green Bay Packers would like to set α = 0.01. Calculate the probability of a Type II error.
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oricosonoricoson
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