10 Suppose Mr. Jim Smith, a purchase manager of a big automobile manufacturer, wants to buy...
10 Suppose Mr. Jim Smith, a purchase manager of a big automobile manufacturer, wants to buy windshields that have an average quality rating of greater than 5,000 points, and he doesn't mind paying the price for a good quality windshield. Mr. Smith does not trust the findings of Superior Shield's previous research. To convince Mr. Smith, Superior Shields offers to pay for another study. They quality ratings from a sample of 29 quality rating of 5087. Should Mr. Smith purchase from measure consumers and find a mean Superior Shields? You can assume an a= .05 and use the standard deviation used in past research. Be sure to specify your hypotheses and show your calculations.