Question

In: Math

Softsoap is the trade name of Colgate-Palmolive's liquid hand soap and body wash. The company is...

Softsoap is the trade name of Colgate-Palmolive's liquid hand soap and body wash. The company is concerned that the mean weight of their most popular size of Softsoap is not greater than 7.58 ounces. A sample of 16 Softsoap bottles is selected; the sample mean is 7.595 ounces, and the sample standard deviation is 0.025 ounces. Using α = .01, is there evidence that the population mean weight of all Softsoap bottles is significantly greater than 7.58 ounces? Do a complete and appropriate hypothesis test.

Step 1 (Hypotheses)

H0:   (Click to select)  σ  p  π  n  x-bar  s  μ     (Click to select)  =  ≠  ≤  >  ≥  <    

HA:   (Click to select)  μ  x-bar  π  p  σ  s  n     (Click to select)  =  ≠  ≤  >  ≥  <    

Step 2 (Decision rule)

Using only the appropriate statistical table in your textbook, the critical value for rejecting H0 is  (Click to select)  +  -  ±   . (report your answer to 3 decimal places, using conventional rounding rules)

Step 3 (Test statistic)

Using the sample data, the calculated value of the test statistic is  (Click to select)  +  -  ±   . (report your answer to 4 decimal places, using conventional rounding rules)

Step 4 (Evaluate the null hypothesis)

Should the null hypothesis be rejected?   (Click to select)  yes  no   

Step 5 (Practical conclusion)

Should the company conclude that the population mean weight of the Softsoap bottles is significantly greater than 7.58 ounces?   (Click to select)  yes  no   

Using only the appropriate statistical table in your textbook, what is the most accurate statement you can make about the numerical value of the p-value of this hypothesis test?       

Answer:  (provide a one-sentence statement about the p-value)

Solutions

Expert Solution

TOPIC:Test for the population mean.


Related Solutions

Sarah’s Organic Soap Company makes organic liquid soap. One of the raw materials for her soaps...
Sarah’s Organic Soap Company makes organic liquid soap. One of the raw materials for her soaps is organic palm oil. She needs 700 kgs of palm oil per day on average. The supplier charges a $70 delivery fee per order (which is independent of the order size) and $5.75 per kg. Sarah’s annual holding cost is 20%. Assume she operates and sells 5 days per week, 52 weeks per year. a. If Sarah wants to minimize her annual ordering and...
An automated car wash serves customers with the following serial process: pre-treat, wash, rinse, wax, hand...
An automated car wash serves customers with the following serial process: pre-treat, wash, rinse, wax, hand dry. Each of these steps is performed by a dedicated machine except for the hand-dry step, which is performed manually on each car by one of three workers. The steps of the process have the following processing times: • Pre-treat: 1 minute per car • Wash: 5 minutes per car • Rinse: 2 minutes per car • Wax: 3 minutes per car • Hand...
A soap company specializes in a luxury type of bath soap. The sales of this soap...
A soap company specializes in a luxury type of bath soap. The sales of this soap fluctuate between two levels — low and high — depending upon two factors: (1) whether they advertise and (2) the advertising and marketing of new products by competitors. The second factor is out of the company’s control, but it is trying to determine what its own advertising policy should be. For example, the marketing manager’s proposal is to advertise when sales are low but...
Colgate- Palmolive : The business value of ERP Colgate-Palmolive is a global consumer products company that...
Colgate- Palmolive : The business value of ERP Colgate-Palmolive is a global consumer products company that implemented SAP R/3 enterprise resource planning system. Colgate embarked on an implementation of SAP R/3 to allow the company to access more timely and accurate data, get the most out of working capital, and reduced manufacturing costs. An important factor for Colgate was whether it could use the software across the entire spectrum of the business. Colgate needed the ability to coordinate globally and...
Write a report about the Impact of Covid19 on two markets Hand sanitizers and soap. In...
Write a report about the Impact of Covid19 on two markets Hand sanitizers and soap. In ANY country you choose. Two actual markets not hypothetical. 2- For every market, discuss in the report how the changes in the demand determinants and supply determinants affected the demand and the supply. How Covid19 affected the market supply and demand? 3- For every market, discuss how the changes in the supply and demand affected the equilibrium price and quantity. 4- Did the government...
The heart and lungs work hand-in-hand to supply the body with blood and oxygen for breathing....
The heart and lungs work hand-in-hand to supply the body with blood and oxygen for breathing. In many cases, a disease of one can affect the other. The CHEST Foundation is an organization that provides information on conditions of the heart and lungs. Take a moment to review the website. What are your thoughts on the diseases listed? Describe how you were able to identify the meaning of medical terms, based on what you’ve learned about word parts. Compare your...
Metlock Company owns a trade name that was purchased in an acquisition of McClellan Company. The...
Metlock Company owns a trade name that was purchased in an acquisition of McClellan Company. The trade name has a book value of $3,500,000, but according to GAAP, it is assessed for impairment on an annual basis. To perform this impairment test, Metlock must estimate the fair value of the trade name. It has developed the following cash flow estimates related to the trade name based on internal information. Each cash flow estimate reflects Metlock’s estimate of annual cash flows...
Name the body system composed of hormone producing structures: Name the body system that generates movement...
Name the body system composed of hormone producing structures: Name the body system that generates movement and heat
A local car wash uses 15 containers of soap during each of the 50 weeks they operate per year.
  A local car wash uses 15 containers of soap during each of the 50 weeks they operate per year. Each container costs $25, setup (ordering) costs are $18 and holding costs for each unit is $2.5 per year. Assume the car wash currently purchases 160 containers per order. What is the total cost before and after using the optimal EOQ quantity (assuming there is no safety stock)? Answer question as (total cost before optimal quantity, total cost with optimal...
A producer of soap dispensers claims its machine dispense liquid with a standard deviation of 3.1...
A producer of soap dispensers claims its machine dispense liquid with a standard deviation of 3.1 ounces. A random sample of 20 machines found the standard deviation to be 4.6 ounces. Is there enough evidence, at the α = 0.05 level of significance, to suggest the standard deviation is not 3.1 ounces? A manufacturer of 10cm marbles claims the standard deviation of it’s marble's diameter is less than 0.21cm. A random sample of 12 marbles found the standard deviation of...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT