document.write( "Question 150202: Faced with rising fax costs, a firm issued a guideline that transmissions of 10 pages or more should be sent by 2-day mail instead. Exceptions are allowed, but they want the average to be 10 or below. The firm examined 35 randomly chosen fax transmissions during the next year, yielding a sample mean of 14.44 with a standard deviation of 4.45 pages. (a) At the .01 level of significance, is the true mean greater than 10? (b) Use Excel to find the right-tail p-value. \n" ); document.write( "
Algebra.Com's Answer #110224 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Faced with rising fax costs, a firm issued a guideline that transmissions of 10 pages or more should be sent by 2-day mail instead. Exceptions are allowed, but they want the average to be 10 or below. The firm examined 35 randomly chosen fax transmissions during the next year, yielding a sample mean of 14.44 with a standard deviation of 4.45 pages. \n" ); document.write( "------------------------- \n" ); document.write( "(a) At the .01 level of significance, is the true mean greater than 10? \n" ); document.write( "Ho: u = 10 \n" ); document.write( "Ha: u > 10 \n" ); document.write( "------------- \n" ); document.write( "I ran a Z-test and got the following results: \n" ); document.write( "test statistic: z(14.44) = 5.9028... \n" ); document.write( "P-value: 0.000000001.793... \n" ); document.write( "Conclusion: Since p-value is less than 1%, reject Ho. \n" ); document.write( "The mean number of transmissions of more than 10 pages is greater than 10. \n" ); document.write( "================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \r \n" ); document.write( "\n" ); document.write( "(b) Use Excel to find the right-tail p-value. \n" ); document.write( "------------------------ \n" ); document.write( " \n" ); document.write( " |