Is the result significant at the five percent level


"Shortbread Shalise" wants to market her new shortbread cookies in 20 oz. packages of 40 cookies each. She knows these delicious cookies should have a mean weight of 0.5 ounces. She also knows that the standard deviation should be 0.2887 ounces. She takes a sample of 100 cookies, and finds that the mean is x = 0.4278. She wants to test H0: μ = 0.5 Ha: μ ≠ 0.5 Find the associated P-value. Is the result significant at the 5% level (α = 0.05)? At the 1% level (α = 0.01)?

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Is the result significant at the five percent level
Reference No:- TGS0109762

Expected delivery within 24 Hours