A snack food company produces bags of peanuts labeled as containing 4 ounces. Aconsumer reports organization wants to see if the weight is actually more than 4 ounces. Theyrandomly choose 45 bags and their contents are weighed. They find the average weight is x =4.3 ounces with a standard deviation of s = .5 ounces. ls this sufficient evidence to prove that the bags contain more than 4 ounces of peanuts if a = 0.05?
a) What are the Ho and H1?
b) what is the P-Value?
c) state conclusion in context of problem
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