The Nero Match Company sells matchboxes that are supposed to have an average of 40 matches per box, with ? = 7. A random sample of 92 matchboxes shows the average number of matches per box to be 42.2. Using a 1% level of significance, can you say that the average number of matches per box is more than 40? (a) Find (or estimate) the P-value. (b) Based on your answers in parts (a) to (c), will you reject or fail to reject the null hypothesis? (Select below). At the ? = 0.01 level, we reject the null hypothesis and conclude the data are fewer than 40 matches per box. At the ? = 0.01 level, we reject the null hypothesis and conclude that there are more than 40 matches per box. At the ? = 0.01 level, we fail to reject the null hypothesis and conclude that there are fewer than 40 matches per box. At the ? = 0.01 level, we fail to reject the null hypothesis and conclude that there are more than 40 matches per box.
The Nero Match Company sells matchboxes that are supposed to have an average of 40 matches per box, with ? = 7. A random sample of 92 matchboxes shows the average number of matches per box to be 42.2. Using a 1% level of significance, can you say that the average number of matches per box is more than 40?
(a) Find (or estimate) the P-value.
(b) Based on your answers in parts (a) to (c), will you reject or fail to reject the null hypothesis? (Select below).
At the ? = 0.01 level, we reject the null hypothesis and conclude the data are fewer than 40 matches per box.
At the ? = 0.01 level, we reject the null hypothesis and conclude that there are more than 40 matches per box.
At the ? = 0.01 level, we fail to reject the null hypothesis and conclude that there are fewer than 40 matches per box.
At the ? = 0.01 level, we fail to reject the null hypothesis and conclude that there are more than 40 matches per box.
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