Multiple Choice
A large manufacturing plant has analyzed the amount of time required to produce an electrical part and determined that the times follow a normal distribution with mean time ? = 45 hours. The production manager has developed a new procedure for producing the part. He believes that the new procedure will decrease the population mean amount of time required to produce the part. After training a group of production line workers, a random sample of 25 parts will be selected and the average amount of time required to produce the parts will be determined. If the switch is made to the new procedure, the cost to implement the new procedure will be more than offset by the savings in manpower required to produce the parts. Use the hypotheses: Ho: ? ? 45 hours and Ha: ? < 45 hours. Determine the p value of the test statistic if the sample mean amount of time is = 43.118 hours with the sample standard deviation s = 5.5 hours.
A) 0.04973
B) 0.04999
C) 0.95818
D) 0.04354
Correct Answer:

Verified
Correct Answer:
Verified
Q13: What are the two decisions that you
Q14: The population parameter value and the point
Q16: The CEO of a company wants to
Q17: A null and alternative hypothesis for a
Q19: You are _ to commit a Type
Q20: The purpose of statistical inference is to
Q21: Which statement is NOT true?<br>A)Rejecting the null
Q22: The t value for a 99% confidence
Q23: The CEO of a company wants
Q59: As the number of degrees of freedom