Question

In: Statistics and Probability

Funky pines and inc. is concerned that the 560 mL can of sliced pineapple is being...

Funky pines and inc. is concerned that the 560 mL can of sliced pineapple is being overfilled. The population standard deviation is 1.2 mL. The quality control department took a random sample of 80 cans and found that the arithmetic mean volume was 560.3 mL. At the 5 percent level of significance, can we conclude that the mean volume is greater than 560 mL?

a) Determine the test statistic.
For full marks, your answer should be accurate to 4 decimal places.

z = 0


b) At the 0.05 significance level, can we conclude that the mean volume is greater than 560 mL?
Yes, there is sufficient reason to conclude that the mean volume is greater than 560 mL.
No, there is not sufficient reason to conclude that the mean volume is greater than 560 mL.


c) Determine the p-value.
For full marks, your answer should be accurate to 4 decimal places.

p = 0

Solutions

Expert Solution

The provided sample mean is Xˉ=560.3 and the known population standard deviation is σ=1.2, and the sample size is n = 80.

(1) Null and Alternative Hypotheses

The following null and alternative hypotheses need to be tested:

Ho: μ=560

Ha: μ>560

This corresponds to a right-tailed test, for which a z-test for one mean, with known population standard deviation, will be used.

(2) Rejection Region

Based on the information provided, the significance level is \alpha = 0.05α=0.05, and the critical value for a right-tailed test is

z_c = 1.64

The rejection region for this right-tailed test is

R={z:z>1.64}

(3) Test Statistics

The z-statistic is computed as follows:

(4) Decision about the null hypothesis

Since it is observed that

z=2.236>zc=1.64,

it is then concluded that the null hypothesis is rejected.

Using the P-value approach:

The p-value is p = 0.0127,

and since p = 0.0127<0.05,

it is concluded that the null hypothesis is rejected.

(5) Conclusion

It is concluded that the null hypothesis Ho is rejected. Therefore,

there is enough evidence to claim that the population mean \muμ is greater than 560, at the 0.05 significance level.

Please like


Related Solutions

Dole Pineapple Inc. is concerned that the 16-ounce can of sliced pineapple is being overfilled. Assume...
Dole Pineapple Inc. is concerned that the 16-ounce can of sliced pineapple is being overfilled. Assume the population standard deviation of the process is .04 ounce. The quality control department took a random sample of 60 cans and found that the arithmetic mean weight was 16.05 ounces. At the 3% level of significance (Step 2), can we conclude that the mean weight is greater than 16 ounces? Step 1: State the null hypothesis (H0) and the alternate hypothesis (H1). (insert...
Problem B At the beginning of 2018, Pineapple Inc. acquired a machine by issuing a $14,400...
Problem B At the beginning of 2018, Pineapple Inc. acquired a machine by issuing a $14,400 3-year non interest-bearing note. The machinery had a book value of $4,350 in the seller's book. Although Pineapple felt that it could get a similar machine for less than $14,400, it was satisfied, since it would normally have to borrow at 10%. The principal of the note is to be repaid at $4,800 per year, beginning on 12/31/2018. Required: Prepare all the journal entries...
A mill operator is concerned that bags are not being filled to the stated 1000g of...
A mill operator is concerned that bags are not being filled to the stated 1000g of grain. 20 bags are randomly weighed and results recorded. There is a sign on the machine that states "grain volumes dispensed follow a normal distribution". a) If a one sample t-test is used, write down the decision rule in terms of a test statistic and calculate the value of the test statistic manually. Use 5% level of significance. b) State the two assumptions of...
Micron Inc. can invest $5,000,000 in a new technology. Micron’s CFO is concerned about uncertainty of...
Micron Inc. can invest $5,000,000 in a new technology. Micron’s CFO is concerned about uncertainty of the future interest rates. She believes that future interest rates may be either 12% or 7% into foreseeable future. The risk-neutral probability that interest rates will be at 7% is 60%. The one-year risk-free interest rate is 5%; the rate on a risk-free 20-year bond is 10% and the rate on an equivalent 20-year callable bond is 8.5%. New project will provide Micron an...
The production manager for the XYZ manufacturing company is concerned that the customer orders are being...
The production manager for the XYZ manufacturing company is concerned that the customer orders are being shipped late. He asked one of his planners to check the timeliness of shipments for 900 orders. The planner randomly selected 900 orders and found that 100 orders were shipped late. Construct the 99% confidence interval for the proportion of orders shipped late.
The production manager for the XYZ manufacturing company is concerned that the customer orders are being...
The production manager for the XYZ manufacturing company is concerned that the customer orders are being shipped late. He asked one of his planners to check the timeliness of shipments for 900 orders. The planner randomly selected 900 orders and found that 180 orders were shipped late. Construct the 95% confidence interval for the proportion of orders shipped late. Please show all work, please type so it is legible, thank you
Administrators at a particular correctional institution were concerned that the offenders being sentenced to their facility...
Administrators at a particular correctional institution were concerned that the offenders being sentenced to their facility had particularly high levels of depression. They decided to have a sample of 65 incoming offenders complete a self-report depression scale. The particular depression scale they used is normed to have a mean of 15 in the general population. The offenders from the institution scored an average of 17 with a standard deviation of 5 over the two years that the testing was conducted....
Administrators at a particular correctional institution were concerned that the offenders being sentenced to their facility...
Administrators at a particular correctional institution were concerned that the offenders being sentenced to their facility had particularly high levels of depression. They decided to have a sample of 65 incoming offenders complete a self-report depression scale. The particular depression scale they used is normed to have a mean of 15 in the general population. The offenders from the institution scored an average of 17 with a standard deviation of 5 over the two years that the testing was conducted....
Administrators at a particular correctional institution were concerned that the offenders being sentenced to their facility...
Administrators at a particular correctional institution were concerned that the offenders being sentenced to their facility had particularly high levels of depression. They decided to have a sample of 65 incoming offenders complete a self-report depression scale. The particular depression scale they used is normed to have a mean of 15 in the general population. The offenders from the institution scored an average of 17 with a standard deviation of 5 over the two years that the testing was conducted....
Question The management of a busy petrol station is concerned that customers are being lost because...
Question The management of a busy petrol station is concerned that customers are being lost because of long waiting times sometimes required at their petrol pump. Over a two weeks period a careful study has been taken of the arrival of cars and the length of time taken to serve customers at the petrol station. The tables below show the arrival rates and the service time distribution: Inter arrival time (minutes) Percentage of customers Service time (minutes) Percentage of customers...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT