Answer:
H0 : μ = 8.5
H1 : μ > 8.5
1 sample t test ;
Test statistic = 2.53
Pvalue = 0.994
No, we fail to reject the Null ;
There is no significant evidence to support the Claim that the mean running time of light bulb is greater Tha last year.
Explanation:
H0 : μ = 8.5
H1 : μ > 8.5
Test statistic :
(xbar - μ) ÷ (s/sqrt(n))
(8.7 - 8.5) ÷ (0.5 / sqrt40)
Test statistic = 2.53
The Pvalue :
P(Z < 2.53) = 0.9943
Pvalue = 0.994
Decison region :
Reject H0 ; if Pvalue < α
0.9943 > 0.05 ; We fail to reject the Null