Question

General Mills is concerned about the price retailers are charging for their highest rated cereal, Lucky Charms. They want you to test if the price retailers are charging differs from the averagę price of their competitors top selling brand, Captain Crunch. The Oats Company requires that all stores sell Captain Crunch for $3.99. You the pricing manager for General Mills, sample 35 different grocery stores and find that the average price they charged was $3.91 and had a variance of 0.0576
Pepsi is experimenting with a new machine that fills their cans with product three times faster than the previous method they were using. However, they are worried that the increase in speed might be because the machine is less accurate. You want to test if the machine is not filling the cans to the specified 12 ounces. You sample 400 cans filled by the new machine and find they fill the cans with an average 11.88 ounces with a standard deviation of 0.82 ounces.
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Answer #1

- Allana tiue hypo Ho: H12 stal- 1te1a, 2 Mean substitut tluse Valus e9ⓘJaon uge 11. 88-12. D 82- 400 - 0.12- _-0.12 o.82- 00413 P= 0.0036 t stat usin q ci-tical Valua Calculale we Can ^ind t, citicaltat t Priecf- Hi

NOTE:-

Here, alfa is the assuming value.

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