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The Watch Corporation of Switzerland claims that its watches on average will neither gain nor lose time during a week. A sample of 18 watches

The Watch Corporation of Switzerland claims that its watches on average will neither gain nor lose time during a week. A sample of 18 watches provided the following gains (+) or losses (-) in seconds per week.

-0.65 -0.80 -0.37 -0.17 0.19 -0.48 0.65 0.48 -0.15
-0.71 -0.14 -0.21 -0.18 -0.30 -0.59 -0.39 -0.80 0.45

H0: = 0

H1: 0

Is it reasonable to conclude that the mean gain or loss in time for the watches is 0? Use the 0.10 significance level.

a. At a level of 0.10 significance, we reject H0: = 0. (Negative answer should be indicated by a minus sign. Round the final answers to 3 decimal places.)

If t < or t > , reject H0.

b. What is the value of the test statistic? (Round the final answer to 3 decimal places.)

Value of the test statistic =

c. What is your decision regarding H0?

(Click to select) Do not reject Reject H0: = 0.

d. What is the p-value?

The p-value is (Click to select) 0.020 and 0.05 0.050 and 0.10 .

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