Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Need assistance with calculating in Excel ONLY, when applicable. New to this concept, need an elementary explanation to help grasp. Again, need help with calculating

Need assistance with calculating in Excel ONLY, when applicable. New to this concept, need an elementary explanation to help grasp. Again, need help with calculating in Excel( Formulas). 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

Basic College Mathematics (Subscription)

Authors: Elayn Martin Gay

6th Edition

0134844947, 9780134844947

More Books

Students also viewed these Mathematics questions