Answer:
P-value = 0.2920
Solution:
Here, we have to use Chi square test for the population variance or standard deviation.
The null and alternative hypotheses for this test are given as below:
Null hypothesis: H0: the population of volumes has a standard deviation of 0.16.
Alternative hypothesis: Ha: the population of volumes has a standard deviation less than 0.16.
H0: σ = 0.16 oz
H1: σ < 0.16 oz
This is a lower tailed test.
The test statistic formula is given as below:
Chi-square = (n – 1)*S^2/ σ2
From given data, we have
n = 15
S = 0.14
σ = 0.16
Chi-square = (15 - 1)*0.14^2/0.16^2
Chi-square = 10.719
We are given
Level of significance = α = 0.025
df = n – 1
df = 14
Critical value = 5.6287
(by using Chi square table or excel)
P-value = 0.2920
(by using Chi square table or excel)
P-value > α = 0.025
So, we do not reject the null hypothesis
There is not sufficient evidence to conclude that the population variance is the population of volumes has a standard deviation less than 0.16.
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