Final answer:
The company should test the null hypothesis that the true standard deviation of sheath thickness is at least 0.05 mm against the alternative hypothesis that it is less than 0.05 mm to ensure quality requirements are met.
Step-by-step explanation:
The company interested in purchasing polyethylene sheaths for high-pressure oil-filled submarine power cables must verify that the true standard deviation of sheath thickness is less than 0.05 mm. To do this, the company should set up a hypothesis test where the null hypothesis (H0) and the alternative hypothesis (Ha) would be as follows:
H0: σ ≥ 0.05 mm - The true standard deviation of sheath thickness is at least 0.05 mm.
Ha: σ < 0.05 mm - The true standard deviation of sheath thickness is less than 0.05 mm.
This test is necessary to provide evidence that the thickness consistency meets the company's quality requirements. A statistical test such as the chi-square test for variance might be used to assess the variability of the sheath thickness compared to the specified threshold.