Represents a large investment of funds


Replacement of paint on highways and streets represents a large investment of funds by state and local governments each year. A new, cheaper brand of paint is tested for durability after one month's time by reflectometer readings. For the new brand to be acceptable, it must have a mean reflectometer reading greater than 19.6. The sample data, based on 35 randomly selected readings, show X_bar=19.8 and s=1.5. Do the sample data provide sufficient evidence to conclude that the new brand is acceptable? Conduct hypothesis test using a=.05. Use the traditional approach and the p-value approach to hypothesis testing! Show all of the steps of the hypothesis test for each approach.

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Basic Statistics: Represents a large investment of funds
Reference No:- TGS0836300

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