Y=-5/3x+1
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Answer:
See explanation below
Step-by-step explanation:
Here, a director of manufacturing must convince management that a proposed manufacturing method reduces costs before the new method can be implemented. The current production method operates with a mean cost of $220 per hour.
a) The alternative and null hypotheses would be:
H0: μ ≥ 220
Ha: μ < 220
b) Comment on the conclusion when H0 cannot be rejected:
When we fail to reject the null hypothesis H0, there is not enough evidence to conclude that the mean cost can be reduced from $220. Therefore the manager's proposed method cannot be implemented.
c) Comment on the conclusion when H0 can be rejected:
When the null hypothesis, H0 is rejected, there is enough evidence to conclude that the mean cost can be reduced from from $220. Therefore the manager's proposed method can be implemented.
Answer:
167.9166459
Step-by-step explanation:
Your answer is: 3. 3 hours, 18 minutes
