Determine the p-value and interpret its meaning


In a recent year, the FCC reported that the mean wait for repairs for AT&T customers was 25.3 hours. In an effort to improve this service, suppose that a new repair service process was developed. This new process when used with a sample of 100 repairs, resulted in a sample mean of 22.3 hours and a sample standard deviation of 8.3 hours.

a. Is there evidence that the population mean amount is less than 25.3 hours? Use a 0.05 level of significance.

b. Determine the p-value and interpret its meaning.

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Basic Statistics: Determine the p-value and interpret its meaning
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