Question: I know the first one is correct but im not sure about the second statement A manufacturing company claims that its new light bulb will
I know the first one is correct but im not sure about the second statement
A manufacturing company claims that its new light bulb will last 1200 hours. After collecting a sample of size 20, you determine that a 98% confidence interval for the true mean number of hours that the light bulb will last is from 972 to 1101. From this information, three statements are made concerning tests of significance about the mean. Assume all the tests are two-sided. (i) We have sufficient evidence to reject the null hypothesis that mean = 1200 at both the 2% and the 5% significance level. (ii) If a 99% confidence interval for the mean number of hours the light bulb will last were computed, the numerical value 992 would lie in this interval. (iii) If we were interested in testing the null hypothesis H_0 : mean = 991, we know that the P-value must be less than 0.01. Which of these statements are true? Only (if) and (ii) Only (i) and (ii) Only (i) and (ii) All statements are true O Only one statement is trueStep by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
