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A fast food franchise is considering building a restaurant at a busy intersection A financial...

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Basic Math

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A fast food franchise is considering building a restaurant at a busy intersection A financial advisor determines that the site is acceptable only if on average more than 300 automobiles pass the location per hour The advisor tests the following hypotheses Ho H 300 HA H 300 The consequences of committing a Type Il error would be that Multiple Choice O the franchiser builds on an acceptable site the franchiser does not build on an acceptable site the franchiser builds on an unacceptable site the franchiser does not build on an unacceptable site

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