The
standard deviation of a particular dimension on a machine part is
known to be 0.0053 inches. Four parts coming off the production
line are measured, giving readings of 2.747, 2.740, 2.750 and 2.749
inches. The population mean is supposed to be 2.740 inches. The
normal distribution applies. Is the sample mean significantly
larger than 2.740 inches at the 1% level of significance