
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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The management of a soft drink company is interested in determining whether the proper amount of soft drink has been placed in 1-liter bottles at the local bottling plant. The bottling plant has informed the management that the population standard deviation for 1-liter bottles is 0.025 liter. A random sample of 100 1-liter bottles selected from this bottling plant indicates a sample mean of 0.995 liters. Use a one-sample hypothesis test to decide whether the mean amount in the bottles is different from 1.0 liters. Use a 0.05 level of significance.
- State the null and alternative hypothesis for this problem.
- Determine the sample test statistic value for this problem.
- Determine the critical test statistic value for this problem.
- What is your statistical decision for this problem?
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