The manager of a paint supply store wants to determine whether the mean amount of paint contained

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The manager of a paint supply store wants to determine whether the mean amount of paint contained in 1-gallon cans purchased from a nationally known manufacturer is actually 1 gallon. You know from the manufacturer's specifications that the standard deviation of the amount of paint is 0.02 gallon. You select a random sample of 50 cans, and the mean amount of paint per 1-gallon can is 0.995 gallon.
a. Is there evidence that the mean amount is different from 1.0 gallon? (Use a = 0.01.)
b. Compute the /?-value and interpret its meaning.
c. Construct a 99% confidence interval estimate of the population mean amount of paint.
d. Compare the results of (a) and (c). What conclusions do you reach?
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Statistics For Managers Using Microsoft Excel

ISBN: 772

7th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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