Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I've been asked to solve using Excel. Can you please tell me the appropriate functions in excel and briefly explain what is needed with each

I've been asked to solve using Excel. Can you please tell me the appropriate functions in excel and briefly explain what is needed with each question? Thank you!

The quality-control manager at a compact fluorescent light bulb (CFL) factory needs to determine whether the mean of life of a large shipment of CFL's is equal to 7,500 hours. The population standard deviation is 1,000. A random sample of 64 CFL's indicates a sample mean life of 7,250 hours.

A)At the 0.05 level of significance, is there evidence that the mean life is different from 7,500 hours?

B)Compute the p-value and interpret its meaning?

C)Construct a 95% confidence interval estimate of the population mean life of the CFL's.

D)Compare the results of (A) and (C). What conclusions do you reach?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Theory Of Distributions

Authors: Svetlin G Georgiev

1st Edition

3319195271, 9783319195278

More Books

Students also viewed these Mathematics questions

Question

Technology

Answered: 1 week ago

Question

Population

Answered: 1 week ago

Question

The feeling of boredom.

Answered: 1 week ago