Bill's Apparel and Bud's Apparel are two sporting goods retailers. Bill's want to buy 360 small jerseys, 540 medium jerseys, and
2 answers:
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Answer:
a) No
b) No
c) P value is more than 0.05.
Step-by-step explanation:
We are given the following in the question:
Population mean, μ = 12 ounces
Sample size, n = 49
P-value = 0.136
First, we design the null and the alternate hypothesis
We use One-tailed z test to perform this hypothesis.
a) Alpha, α = 0.05
Since, p-value > α,
The null hypothesis should not be rejected. We accept the null hypothesis and reject the alternate hypothesis. We conclude that the average chip weight is 12 ounces per bag.
b) Alpha, α = 0.10
Since, p-value > α,
The null hypothesis should not be rejected. We accept the null hypothesis and reject the alternate hypothesis. We conclude that the average chip weight is 12 ounces per bag.
c) The evidence is statistically significant at the .05 level means that the p value is more than 0.05.