Business and Management
In June 2013 the largest building in the world opened in Chengdu, China. The Century Global Center has an ice-skating rink, shopping mall, 14-screen IMAX theater, and an artificial beach.43 Some researchers believe that as the economy improves, larger buildings are being constructed. A random sample of buildings from around the world with large floor space was obtained and the floor area (in million square feet) was measured for each. bigbldg
a. Is there any evidence to suggest that the mean floor area of very large buildings is greater than 9 million square feet? Assume the underlying population is normal and use a = 0.05.
b. Find bounds on the p value.