Question
Bastien, Inc. has been manufacturing small automobiles that have averaged 50 miles per gallon of gasoline in highway driving. The company has developed a more
Bastien, Inc. has been manufacturing small automobiles that have averaged 50 miles per gallon of gasoline in highway driving. The company has developed a more efficient engine for its small cars and now advertises that its new small cars average more than 50 miles per gallon in highway driving. An independent testing service road-tested 36 of the automobiles. The sample showed an average of 51.7 miles per gallon. Assume that after performing the hypothesis test, a p-value of 0.04 is reported for this sample. Explain in 3 sentences the meaning of the p-value.If you are testing at 1% significance, what is your conclusion
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