In: Statistics and Probability
Maria believes that the average running time of movies is equal to 160 minutes. A sample of 5 movies was taken and the following running times were obtained , 150,155,165,170,185. Assume the population of the running times is normally distributed. Find the p-value at the 95% level of significance
Ho : µ = 160
Ha : µ ╪ 160 (Two tail
test)
Level of Significance , α =
0.050
sample std dev , s = √(Σ(X- x̅ )²/(n-1) )
= 13.6931
Sample Size , n = 5
Sample Mean, x̅ = ΣX/n =
165.0000
degree of freedom= DF=n-1=
4
Standard Error , SE = s/√n = 13.6931/√5=
6.1237
t-test statistic= (x̅ - µ )/SE =
(165-160)/6.1237= 0.8165
p-Value =
0.4601 [Excel formula =t.dist.2t(t-stat,df)
]
Decision: p-value>α, Do not reject null hypothesis