Mathematics, 10.06.2020 11:57, webbjalia04
Lightbulbs of a certain type are advertised as having an average lifetime of 750 hours. The price of these bulbs is very favorable, so a potential customer has decided to move forward with a purchase agreement unless it can be demonstrated that the true average lifetime is smaller than what is advertised. A random sample of 50 lightbulbs was selected, the lifetime of each bulb determined, and the appropriate hypotheses were tested using computer software, which gave the following results.
Variable N Mean St Dev SEMean Z P-Value
lifetime 50 738.44 38.20 5.40 -2.14 0.016
1. What conclusion would be appropriate for a significance level of.05?
2. What significance level would you recommend?
Answers: 3
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