Machines at a bottling plant are set to fill bottles to 12 ounces. The quality control officer at the plant periodically tests t
he machines to be sure that the bottles are filled to an appropriate amount. The null hypothesis of the test is that the mean is at least 12 ounces. The alternative hypothesis is that the mean is less than 12 ounces. What are the possible types of errors that could be made from this test?
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Answer:
Answer for the question:
Machines at a bottling plant are set to fill bottles to 12 ounces. The quality control officer at the plant periodically tests the machines to be sure that the bottles are filled to an appropriate amount. The null hypothesis of the test is that the mean is at least 12 ounces. The alternative hypothesis is that the mean is less than 12 ounces. What are the possible types of errors that could be made from this test?
Is given in the attachment.
Explanation:
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Answer:
27.3%
Explanation:
rate of retun on assets:
where:
Net income: 112,000
2018 Assets: 410,000
$Assets rate of return 0.2731707317073171 = 27.32%
During 2018 each dollar of assets generate 27.32 cents of income.