document.write( "Question 127447: Having trouble with getting breakdown on this, can anyone help?\r
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document.write( "Facing rising fax costs, a firm issued guidelines that transmissions of 10 pages or more should be done by 2 day mail instead. Exceptions are allowed, they want the average to be 10 or below. A 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. \r
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Algebra.Com's Answer #93396 by stanbon(75887) ![]() You can put this solution on YOUR website! Facing rising fax costs, a firm issued guidelines that transmissions of 10 pages or more should be done by 2 day mail instead. Exceptions are allowed, they want the average to be 10 or below. A firm examined 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( "--------------- \n" ); document.write( "Ho: mu = 10 \n" ); document.write( "Ma: mu > 10 \n" ); document.write( "--------------------- \n" ); document.write( "one-tailed test with alpha=1%; critical value = 2.326 \n" ); document.write( "------------- \n" ); document.write( "Test Statistic: \n" ); document.write( "t(14.44) = (14.44-10)/(4.45/sqrt(35)) = 4.44*sqrt(35)/4.45 = 5.90 \n" ); document.write( "------------ \n" ); document.write( "The test statistic is greater than the critical value so reject Ho. \n" ); document.write( "------- \n" ); document.write( "The p-value = 0.0000000018236... \n" ); document.write( "==================================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |