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Hypothesis Testing of Mean

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System data for a job shop revealed that the average time spent by a job in the shop was approximately n = 5 working days. A random sample of size five is taken with time spent in the shop, 3.7, 4.6, 3.9, 4.1, and 3.8. Is the output consistent with system behavior? (Why?). Construct a statistical test using a level of significance of alpha = 0.05

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The solution provides step by step method for the calculation of testing of hypothesis. Formula for the calculation and Interpretations of the results are also included. Interactive excel sheet is included. The user can edit the inputs and obtain the complete results for a new set of data.

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Statistical testing using a level of significance
System data for a job shop revealed that the average time spent by a job in the shop was approximately n = 5 working days. A random sample of size five is taken with time spent in the shop, 3.7, 4.6, 3.9, 4.1, and 3.8. Is the output consistent with system behaviour? (Why?). Construct a statistical test using a level of significance of alpha = 0.05
Answer
The null ...

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