Answer:
The p- value is
Its interpretation is
As
The decision rule is
Fail to reject the null hypothesis
The conclusion is
There is no sufficient evidence to support the company claims at a level of sign9ificance of 0.05
Explanation:
From the question we are told that
The mean is
The standard deviation is
The sample size is n = 100
The sample mean is
Let assume the level of significance is
The null hypothesis is
The alternative is
Generally the test test is mathematically represented as
=>
=>
Generally from the z-table the probability of (Z > 0.83 ) is
From the value obtained we see that
hence
The decision rule is
Fail to reject the null hypothesis
The conclusion is
There is no sufficient evidence to support the company claims at a level of sign9ificance of 0.05