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Use the following information to answer the question. A sprint duathlon consists of a 5 km run, a 20 km bike ride, followed by another 5 km run. The mean finish time of all participants in a recent large duathlon was 1.67 hours with a standard deviation of 0.25 hours. Suppose a random sample of 30 participants was taken and the mean finishing time was found to be 1.59 hours with a standard deviation of 0.30 hours.
-Suppose a consumer product researcher wanted to find out whether a highlighter lasted longer than the manufacturer's claim that their highlighters could write continuously for 14 hours. The Researcher tested 40 highlighters and recorded the number of continuous hours each highlighter
Wrote before drying up. Test the hypothesis that the highlighters wrote for more than 14 Continuous hours. Following are the summary statistics: Report the test statistic, p-value, your decision regarding the null hypothesis. At the 5% Significance level, state your conclusion about the original claim. Round all values to the nearest
Thousandth.
Virginia
A state located in the Southeastern and Mid-Atlantic regions of the United States, known for its historical significance and diverse geography.
Seller's Market
A market condition characterized by a shortage of goods available for sale, leading to higher prices and favoring sellers over buyers.
Buyer's Market
A market condition where the supply of goods exceeds demand, giving buyers an advantage in terms of selection and negotiation of prices.
Creative Advertising
Utilizes imaginative and unique ideas to create compelling and effective advertisements that capture attention and communicate a brand's message.
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