Lenny & Larry's management would like to ensure that a double chocolate complete cookie's mean weight is not greater than 6.03 ounces with a process standard deviation of 0.02 ounce. To ensure that the company does not have to readjust its process, the control manager collects a sample of 50 double chocolate complete cookies with a sample mean of 6.034 ounces. With a level of significance of 0.01, is there any evidence that the double chocolate complete cookie's population mean weight is greater than 6.03 ounces? What is the p-value? What will be his decision?
Starbucks would like you to conduct a study about its customers' coffee purchasing habits at its location at Buckhead Atlanta. Suppose you collected data from 60 randomly selected customers through a week and determine the following results:
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