An engineer has designed a valve that will regulate water pressure on an automobile engine. The vahe was tested on 100 engines and the mean pressure was 72 Ibs/square inch. Assume the variance is known to be 0.81. If the valve was designed to produce a mean pressure of 73 is square inch is there sufficient evidence at
the 0.01 level that the valve does not perform to the specifications?
State the null and alternative hypotheses for the above scenario.

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)