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 nequals40 and the test statistic is tequalsnegative 3.123. Use technology to find the​ P-value. Based on the​ result, what is the final​ conclusion? Use a significance level of 0.05.

Solution

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Math Problem Analysis

Mathematical Concepts

Hypothesis Testing
T-distribution
P-value
Two-Tailed Test

Formulas

t = (x̄ - μ) / (s / √n)
P-value for two-tailed test: 2 * P(T ≤ -|t|)

Theorems

Central Limit Theorem
T-distribution

Suitable Grade Level

College (Statistics)