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The company will not ship the day's production if the sample mean weight of the 50 pack- ages is too low.
The company will not ship the day's production if the sample mean weight of the 50 pack-
ages is too low. Managers would like to have a "cut off" value whereby they will decide
not to ship the day's production if the sample mean weight of the 50 packages falls below
the cut-off. What should the cut-off value be so that the chance of not shipping the day's
production is 2%? Compute this value and round the answer to 2 decimal places