1. The owner of a gas station which makes headlight inspections for the state is trying to decide whether or not to discontinue the service. He figures that to make the operation profitable, the station must average in excess of 15 inspections per week. Unless data indicates strongly that this is the case, inspections will be discontinued. Data for the past year (52 weeks) yields a sample average of 16.7 inspections per week with a sample standard deviation of 4.5. Is this strong enough evidence to cause the owner to retain the inspection service? Test the relevant hypotheses using the P-value method.
1. The owner of a gas station which makes headlight inspections for the state is trying to decide whether or not to discontinue the service. He figures that to make the operation profitable, the station must average in excess of 15 inspections per week. Unless data indicates strongly that this is the case, inspections will be discontinued. Data for the past year (52 weeks) yields a sample average of 16.7 inspections per week with a sample standard deviation of 4.5. Is this strong enough evidence to cause the owner to retain the inspection service? Test the relevant hypotheses using the P-value method.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Expert Solution
Step 1
Given data :
sample size, n = 52
sample mean, x̄ = 16.7
sample standard deviation,s= 4.5
population mean,μ= 15.0
Significance level, α= 0.05
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Solved in 2 steps with 1 images
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