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Posted: August 1st, 2024
The FTC tests the claims of manufacturers about their products
#1. Coffee. The FTC tests the claims of manufacturers about their products. As an example, the label on a large can ofHilltop Coffee states that the can contains three pounds of coffee. As long as the average weight for a population ofall cans is at least three pounds, the FTC is satisfied that the companyâs claim is legitimate. The FTC selects a sample of 36 cans and tests the contents. The population standard deviation is known to be .18pounds. The sample mean is 2.92 pounds. Should the FTC accept the companyâs claim that its cans contain at leastthree pounds or should th
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