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Assume That a Simple Random Sample Has Been Selected from a Normally

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Assume that a simple random sample has been selected from a normally distributed population. Find the test statistic, P-value, critical value(s), and state the final conclusion.
-A light-bulb manufacturer advertises that the average life for its light bulbs 900 hours. A random sample of 15 of its light bulbs resulted in the following lives in hours. 995590510539739917571555916728664693708887849\begin{array} { l l l l l l l l } 995 & 590 & 510 & 539 & 739 & 917 & 571 & 555 \\916 & 728 & 664 & 693 & 708 & 887 & 849 &\end{array} At the 10% significance level, do the data provide evidence that the mean life for the company's light bulbs differs from the advertised mean?

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Definitions:

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product and are considered variable costs.

Cost Of Goods Manufactured

The total production cost of goods completed during a specific period.

Work In Process Inventory

Inventory that consists of items in the production process but not yet completed, considered a current asset on the balance sheet.

Process Cost Summary

A report detailing the costs associated with each stage of the production process, summarizing the total expense of converting raw materials into finished products.

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