Is the true mean greater than ten


Faced with rising fax costs, a firm issued a guideline that transmissions of ten pages or more should be sent by two-day mail instead. Exceptions are allowed, but they want the average to be ten or below. The firm examined 35 randomly chosen fax transmissions during the next year, yielding a sample mean of 14.44 with a standard deviation of 4.45 pages. (a) At the 0.01 level of significance, is the true mean greater than 10? (b) Use Excel to find the right-tail p value. (LO 3, 4 & 5)

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Basic Statistics: Is the true mean greater than ten
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