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Mathematics, 21.04.2020 03:18 iikatreii

The manager of a paint supply store wants to determine whether the mean amount of paint contained in 1-gallon cans purchased form a nationally known manufacture is actually 1 gallon. You know from the manufacturer’s specifications that the standard deviation of the amount of pant is 0.02 gallon. You select a random sample of 50 cans, and the mean amount of paint per 1-gallon cans is 0.995 gallon.
a. Is there evidence that the mean amount is different from 1.0 gallon (use α = 0.01)?
b. Compute the p-value and interpret the meaning
c. Construct a 99% confidence interval estimate of the population mean amount of paint.
d. Compare the results of (a) and (c). What conclusions do you reach?

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