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Samir Baranwal
Posted on:

14 Nov 2023

0

Resources - exercise's - solution to task 1.2

in Statistics / Test for the mean. Population variance unknown

I don't understand why there is a *different wording* in the comment for task 1.2 saying - "*Different wording* The test on that sample shows that at 1% significance, our competitor's open rate is likely to be 40%."

How at 1% significance level, open rate ~ 40%?

Please show some light...

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