A quality-assurance inspector periodically examines the output of a machine to determine whether it is properly adjusted. When set properly, the machine produces nails having a mean length of 2.000 inches, with a standard deviation of 0.070 inches.
For a sample of 35 nails, the mean length is 2.025 inches. Using the 0.01 level of significance, examine the null hypothesis that the machine is adjusted properly. Determine and interpret the p-value for the test.