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    Hypothesis Testing: Mean vs. Hypothesized Value

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    Faced with rising fax costs, a firm issued a guideline that transmissions of 10 pages or more should be sent by 2-day mail instead. Exceptions are allowed, but they want the average to be 10 or below. The firm examined 35 randomly chosen fax transmissions during the next year, yielding a sample mean of 14.44 with a standard deviation of 4.45 pages. (A) At the .01 level of significance, is the true mean greater than 10? (B) Use excel to find the right-tail p-value.

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    This solution provides various problems regarding hypothesis tests.

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