Sam has a water bottle that holds 250 milliliters of water when full. He needs to fill a 5-liter water jug for his team. If Sam
uses the water bottle to fill the jug, how many times does he need to fill the water bottle in order to fill the jug? 
2 answers:
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<h2>Answer with explanation:</h2>
Let be the population mean lifetime of circulated $1 bills.
By considering the given information , we have :-
Since the alternative hypotheses is two tailed so the test is a two tailed test.
We assume that the lifetime of circulated $1 bills is normally distributed.
Given : Sample size : n=50 , which is greater than 30 .
It means the sample is large so we use z-test.
Sample mean :
Standard deviation :
Test statistic for population mean :-
The p-value=
Since the p-value (0.0433834) is greater than the significance level (0.02) , so we do not reject the null hypothesis.
Hence, we conclude that we do not have enough evidence to support the alternative hypothesis that the average lifetime of a circulated $1 bill differs from 18 months.