Company A has implemented new technologies to decrease the manufacturing cost of products. The old cost was $5.6 per unit. In order to find out whether the new technologies are effective or not, we decided to perform a hypothesis test at the significance level of 0.05. We collected a sample of 36 products and found the average cost is $5.5, and the sample standard deviation of the cost is $1.2. Please first choose the correct set of hypotheses and then choose the correct test statistics. HO: mean > 5.6 H1: mean <= 5.6 HO: mean = 5.6 H1: mean 5.6 HO: mean <= 5.6 H1: mean > 5.6 HO: mean > 5.6 H1: mean < 5.6 HO: mean < 5.6 H1: mean >=5.6 HO: mean 5.6 H1: mean - 5.6

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Company A has implemented new technologies to decrease the manufacturing cost
of products. The old cost was $5.6 per unit. In order to find out whether the new
technologies are effective or not, we decided to perform a hypothesis test at the
significance level of 0.05. We collected a sample of 36 products and found the
average cost is $5.5, and the sample standard deviation of the cost is $1.2. Please
first choose the correct set of hypotheses and then choose the correct test statistics.
HO: mean > 5.6
H1: mean <= 5.6
HO: mean = 5.6
H1: mean 5.6
HO: mean <= 5.6
H1: mean > 5.6
HO: mean >= 5.6
H1: mean < 5.6
HO: mean < 5.6
H1: mean >= 5.6
HO: mean 5.6
H1: mean = 5.6
%3D
Transcribed Image Text:Company A has implemented new technologies to decrease the manufacturing cost of products. The old cost was $5.6 per unit. In order to find out whether the new technologies are effective or not, we decided to perform a hypothesis test at the significance level of 0.05. We collected a sample of 36 products and found the average cost is $5.5, and the sample standard deviation of the cost is $1.2. Please first choose the correct set of hypotheses and then choose the correct test statistics. HO: mean > 5.6 H1: mean <= 5.6 HO: mean = 5.6 H1: mean 5.6 HO: mean <= 5.6 H1: mean > 5.6 HO: mean >= 5.6 H1: mean < 5.6 HO: mean < 5.6 H1: mean >= 5.6 HO: mean 5.6 H1: mean = 5.6 %3D
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