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The Following Output from MINITAB Presents the Results of a Hypothesis

question 69

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The following output from MINITAB presents the results of a hypothesis test for a population mean μ\mu .

Test of mu=42\mathrm { mu } = 42 vs. not =42= 42

N Mean  StDev  SE Mean 95% CI TP4444.174.2006150.633267(45.447115,42.892885) 3.4266770.0013\begin{array}{lcrcccc}\mathrm{N} & \text { Mean } & \text { StDev } & \text { SE Mean } & 95 \% \text { CI } & \mathrm{T} & \mathrm{P} \\44 & 44.17 & -4.200615 & -0.633267 & (45.447115,42.892885) & -3.426677 & 0.0013\end{array}

What is the value of xˉ\bar { x } ?


Definitions:

Pounds

A unit of mass or weight commonly used in the British imperial and United States customary systems.

Materials Price Variance

The difference between the actual cost and the standard cost of materials used in production, multiplied by the quantity of materials used.

Standard Price

A pre-determined cost assigned to goods and services, used as a benchmark in budgeting and variance analysis.

Pounds

A unit of weight commonly used in the British imperial and United States customary measurement systems.

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