Ricky and Sam each bought a remote control car for $80. A few months later they both sold it. Ricky sold his car for 25% less th
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Answer:
The p -value is less than 0.001.
Step-by-step explanation:
Given information:
Sample size = 25 chips
Sample mean = 985
Sample standard deviation = 10
Let as assume that sample is distributed normally.
The formula for test statistic
where,
is sample mean
μ is population mean.
s is sample standard deviation.
n is sample size.
The value of test statistic is
The p-value is
Therefore the p -value is less than 0.001.