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1. What is the critical value for the following scenario? We want to test if the average production capacity of a certain machine is at
1. What is the critical value for the following scenario?
We want to test if the average production capacity of a certain machine is at least 30 units per day. We have observed that machine over the past 25 days. We would like to test at 95% confidence interval.
2. Report the proper critical value:
A milk-producing company claims that their large bottle of milk contains at least 4 liters of milk. A sample of 20 bottles has an average volume of 3.85 liters with a sample standard deviation of 0.65 liters.
Test at 90% confidence level.
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