Read the scenario. What type of economy is represented in this scenario?
A city has only one electric company. Because of the
cost of building a new power grid, no company can ever
move in to compete. To protect consumers, the
government sets a limit on the amount a single power
company can charge its customers.
O command
O developing
O mixed market
O traditional

Let the sample size of leg strengths be 7 and the sample mean and sample standard deviation be 945 watts and 48 watts, respectively. (a) is there evidence that leg strength exceeds 900 watts at significance level 0.05? find the p-value. there is , evidence that the leg strength exceeds 900 watts at ? -0.05. 0.001 < p-value 0.005 0.05 p-value < 0.10 0.10 p-value < 0.25 o 0.010 p-value 0.025 (b) compute the power of the test if the true strength is 915 watts. (c) what sample size would be required to detect a true mean of 915 watts if the power of the test should be at least 0.9? n= exact number, no tolerance