What is the mean price per pound for each type of produce?
1 answer:
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Answer:
There is no statistical evidence at 1% level to accept that the mean net contents exceeds 12 oz.
Step-by-step explanation:
Given that a random sample of ten containers is selected, and the net contents (oz) are as follows: 12.03, 12.01, 12.04, 12.02, 12.05, 11.98, 11.96, 12.02, 12.05, and 11.99.
We find mean = 11.015
Sample std deviation = 3.157
a)
(Right tailed test)
Mean difference /std error = test statistic
p value =0.174
Since p >0.01, our alpha, fail to reject H0
Conclusion:
There is no statistical evidence at 1% level to accept that the mean net contents exceeds 12 oz.