Math Problem Statement

The claim is that weights​ (grams) of quarters made after 1964 have a mean equal to 5.670 g as required by mint specifications. The sample size is nequals34 and the test statistic is tequalsnegative 3.242. Use technology to find the​ P-value. Based on the​ result, what is the final​ conclusion? Use a significance level of 0.05.

Solution

To determine the conclusion based on the given data, we can calculate the PP-value for the test statistic t=3.242t = -3.242 with a sample size of n=34n = 34.

  1. Determine degrees of freedom: Since n=34n = 34, the degrees of freedom (dfdf) for this tt-test is 341=3334 - 1 = 33.

  2. Calculate the PP-value: Using a tt-distribution table or technology, we can find the PP-value corresponding to a tt-statistic of 3.242-3.242 with df=33df = 33. This tt-value would be in the left tail since it's negative.

Using technology or statistical software, the two-tailed PP-value for t=3.242t = -3.242 with df=33df = 33 is approximately 0.00270.0027.

  1. Make a decision: Since the PP-value 0.00270.0027 is less than the significance level α=0.05\alpha = 0.05, we reject the null hypothesis.

  2. Conclusion: There is sufficient evidence at the 0.050.05 significance level to conclude that the mean weight of quarters made after 1964 is different from 5.670 g, contrary to the claim.

Would you like further details or have any questions?

Here are some related questions to consider:

  1. What is the effect of increasing the sample size on the PP-value and the conclusion?
  2. How would a significance level of 0.01 affect the conclusion?
  3. What are the assumptions of a one-sample tt-test?
  4. How would you interpret a PP-value greater than 0.05 in this context?
  5. Can this test determine if the quarters are heavier or lighter than the claimed weight?

Tip: Remember that a smaller PP-value indicates stronger evidence against the null hypothesis.

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Math Problem Analysis

Mathematical Concepts

Hypothesis Testing
P-Value Calculation
One-Sample t-Test

Formulas

t = (X̄ - μ) / (s / √n)

Theorems

Central Limit Theorem

Suitable Grade Level

College-Level Statistics