An engineer has designed a valve that will regulate water pressure on an automobile engine. The engineer designed the valve such that it would produce a mean pressure of 7.4 pounds/square inch. The valve was tested on 24 engines and the mean pressure was 7.1 pounds/square inch with a variance of 0.49. Is there evidence at the 0.05 level that the valve performs below the specifications? Assume the population distribution is approximately normal.
Step 1 of 5: State the null and alternative hypotheses.
Step 2 of 5: Find the value of the test statistic. Round your answer to three decimal places.
Step 3 of 5: Specify if the test is one-tailed or two-tailed.
Step 4 of 5: Determine the decision rule for rejecting the null hypothesis. Round your answer to three decimal places.
Step 5 of 5: Make the decision to reject or fail to reject the null hypothesis.
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