Listed below are weights (grams) from a simple random sample of wheat pennies (from Data Set 29
Question:
Listed below are weights (grams) from a simple random sample of "wheat" pennies (from Data Set 29 "Coin Weights" in Appendix B). U.S. Mint specifications now require a standard deviation of 0.0230 g for weights of pennies. Use a 0.01 significance level to test the claim that wheat pennies are manufactured so that their weights have a standard deviation equal to 0.0230 g. Does the Mint specification appear to be met?
Test the given claim. Identify the null hypothesis, alternative hypothesis, test statistic, P-value, or critical value(s), then state the conclusion about the null hypothesis, as well as the final conclusion that addresses the original claim. Assume that a simple random sample is selected from a normally distributed population.
Step by Step Answer:
Mathematical Interest Theory
ISBN: 9781470465681
3rd Edition
Authors: Leslie Jane, James Daniel, Federer Vaaler