4. The existing system for the production of a certain item has a mean of 50 seconds, and a standard deviation of 20 seconds. The company wishes to procure a new computerised system and to test the efficiency of the new system, 30 items are sampled giving a mean of 43 seconds. Test at both significant level stated below to decide whether the existing system should be replaced or not. a) 0.05 b) 0.01

MATLAB: An Introduction with Applications
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4. The existing system for the production of a certain item has a mean of 50 seconds, and
a standard deviation of 20 seconds. The company wishes to procure a new computerised
system and to test the efficiency of the new system, 30 items are sampled giving a mean of
43 seconds. Test at both significant level stated below to decide whether the existing system
should be replaced or not.
a) 0.05
b) 0.01
Transcribed Image Text:4. The existing system for the production of a certain item has a mean of 50 seconds, and a standard deviation of 20 seconds. The company wishes to procure a new computerised system and to test the efficiency of the new system, 30 items are sampled giving a mean of 43 seconds. Test at both significant level stated below to decide whether the existing system should be replaced or not. a) 0.05 b) 0.01
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