Answer:
Explanation:
A simple random sample of 50(n) stainless steel metal screws is obtained. The screws have a mean length of 0.73(mu) inches. Assume the population standard deviation is 0.012(sigma) inches and the confidence level is α = 0.05.
Set up hypotheses as:
(two tailed test at 5% sign. level)
Mean difference =
Std error of sample =
Test statistic = Mean diff/std error
=
Since population std dev is known and also sample size >30 z test can be used.
p value <0.0001
Solution: We are given:
To find the P-value, we first need to find the value of test statistic.
Now we can find the P-value.
Therefore, the P-value = 0.0000
But we have no such option given. I would suggest to use 0.0001 as it is closest to 0.0000.
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