document.write( "Question 127725: Please help me. This question is taken from the Stats and Econ Question # 9.54 I checked the answers and this one is not answered.\r
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document.write( "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. \r
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document.write( "(a) At the .01 level of significance, is the true mean greater than 10?\r
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document.write( "(b) Use Excel to find the right-tail p-value.\r
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document.write( "Thank you for your kind assistance.\r
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Algebra.Com's Answer #93598 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( "(a) At the .01 level of significance, is the true mean greater than 10? \n" ); document.write( "Ho: mu <= 10 \n" ); document.write( "Ha: mu > 10 \n" ); document.write( "--------------- \n" ); document.write( "one-tail t-test with alpha=1%; critical value for 34 df = 2.326 \n" ); document.write( "Test statistic: \n" ); document.write( "t(14.44) = (14.44-10)/[4.45/sqrt(35)] = 5.9028 \n" ); document.write( "Reject Ho; there is significal statistical evidence that the true mean \n" ); document.write( "is not <= 10 \n" ); document.write( "------------------------------------------- \n" ); document.write( "(b) Use Excel to find the right-tail p-value. \n" ); document.write( "p-value = 0.00000057579 \n" ); document.write( "============================= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \n" ); document.write( " |