Determining role of hypothesis testing

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Reference no: EM13112781

Suppose that your company manufactures computer equipment and you must determine if a supplier of your company meets the required product specifications. If the supplier does not meet the specifications and your company continues to buy from it, serious consequences will occur. If your company buys from another supplier, little is lost. State the hypothesis you must use. How large should you assign the significance level? Why?

Reference no: EM13112781

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