Final answer:
The questions pertain to hypothesis testing and confidence interval estimation using statistical methods such as the test of means, test statistic Z, and p-value, with a potential Type I error scenario in production quality control.
Step-by-step explanation:
The student's questions involve the application of statistical methods to hypothesis testing and confidence interval estimation. Regarding the first question, the test of means is used to determine if there is a significant difference between the sample mean and the known population mean of CFLs' life expectancy. The p-value and confidence interval are both tools to help make this determination. In the second question, the student is asked to perform hypothesis testing to ascertain the accuracy of odds makers' point-spreads using the test statistic Z and p-value. Lastly, the third scenario calls for hypothesis testing to see if plastic golf tees meet the manufacturer's length specification and mentions the possible occurrence of a Type I error if the process is incorrectly shut down.