5. (30 pts) More than 200,000 people worldwide take the GMAT examination each year as they apply for MBA programs. Their

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answerhappygod
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5. (30 pts) More than 200,000 people worldwide take the GMAT examination each year as they apply for MBA programs. Their

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5 30 Pts More Than 200 000 People Worldwide Take The Gmat Examination Each Year As They Apply For Mba Programs Their 1
5 30 Pts More Than 200 000 People Worldwide Take The Gmat Examination Each Year As They Apply For Mba Programs Their 1 (23.76 KiB) Viewed 91 times
5. (30 pts) More than 200,000 people worldwide take the GMAT examination each year as they apply for MBA programs. Their scores vary normally with the mean about p = 525 and standard deviation 6 = 100. One hundred students go through a rigorous training program designed to raise their GMAT scores. Suppose the average score for the 100 students is 541.4. At the.os level of significance, has there been any change in GMAT performance? 200,000 a. Test the hypotheses using both methods. u=525 b. State the Type I and Type II errors. O 100 c. What is the probability of a Type I error? na 100
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