You may need to use the appropriate technology to answer this question. The competitive advantage of small American factories such as Tolerance Contract Manufacturing lies in their ability to produce parts with highly narrow requirements, or tolerances, that are typical in the aerospace industry. Consider a product with specifications that call for a maximum variance in the lengths of the parts of 0.0005. Suppose the sample variance for 30 parts turns out to be  s2 = 0.0006.  Use  ? = 0.05  to test whether the population variance specification is being violated. State the null and alternative hypotheses. H0: ?2 < 0.0005 Ha: ?2 ≥ 0.0005 H0: ?2 ≥ 0.0005 Ha: ?2 < 0.0005      H0: ?2 > 0.0005 Ha: ?2 ≤ 0.0005 H0: ?2 ≤ 0.0005 Ha: ?2 > 0.0005 H0: ?2 = 0.0005 Ha: ?2 ≠ 0.0005 Find the value of the test statistic.   Find the p-value. (Round your answer to four decimal places.) p-value =  State your conclusion. Reject H0. The sample does support the conclusion that the population variance specification is being violated.Do not reject H0. The sample does support the conclusion that the population variance specification is being violated.    Reject H0. The sample does not support the conclusion that the population variance specification is being violated.Do not reject H0. The sample does not support the conclusion that the population variance specification is being violated.

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The competitive advantage of small American factories such as Tolerance Contract Manufacturing lies in their ability to produce parts with highly narrow requirements, or tolerances, that are typical in the aerospace industry. Consider a product with specifications that call for a maximum variance in the lengths of the parts of 0.0005. Suppose the sample variance for 30 parts turns out to be 
s2 = 0.0006.
 Use 
? = 0.05
 to test whether the population variance specification is being violated.
State the null and alternative hypotheses.
H0: ?2 < 0.0005
Ha: ?2 ≥ 0.0005
H0: ?2 ≥ 0.0005
Ha: ?2 < 0.0005
    
H0: ?2 > 0.0005
Ha: ?2 ≤ 0.0005
H0: ?2 ≤ 0.0005
Ha: ?2 > 0.0005
H0: ?2 = 0.0005
Ha: ?2 ≠ 0.0005
Find the value of the test statistic.
 
Find the p-value. (Round your answer to four decimal places.)
p-value = 
State your conclusion.
Reject H0. The sample does support the conclusion that the population variance specification is being violated.Do not reject H0. The sample does support the conclusion that the population variance specification is being violated.    Reject H0. The sample does not support the conclusion that the population variance specification is being violated.Do not reject H0. The sample does not support the conclusion that the population variance specification is being violated.
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