8.A manufacturing company of light bulb claims that an average light bulb lasts 500 days. A contractor randomly selects 30 bulbs for testing. The sampled bulbs last an average of 490 days, with a standard deviation of 100 days. If the claim were true, what is the probability that 30 randomly selected bulbs would have an average life of no more than 490 days?
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The t distribution parameters are given as:
Mean = 500
Xbar = 490
Stdev= 100
n = 30
We will these parameters along with the standardization formula to solve the problem. The formula for standardization is : Z = (X-Mean)/(Stdev/sqrt(n))
We have been asked to find p-value =
P(X<490), let standardize using above formula
= P(t< (490-500)/(100/sqrt(30)))
= -0.5477
So, we have bee nasked to get the p-value
p-value = P(t<-.5477 at df = 30-1 =29) = 0.2940 [look up at t-table or use Excel formula = T.DIST(-.5477,29,TRUE)]
Answer: 0.2940
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