The manufacturer of bags of cement claims that they fill each bag with at least 50.1 pounds of cement. Assume that the standard deviation for the amount in each bag is 1.2 pounds

The decision rule is adopted to shut down the filling machine if the sample mean weight for a sample of 40 bags is below 49.7. What is the probability of a Type I error?A) 0.018
B) 0.024
C) 0.030
D) 0.036


A

Business

You might also like to view...

If an employee has a difficult personality, it is the leader’s job to ______.

A. ignore the employee’s negative behaviors until they go away B. deal aggressively with problem employees C. be prepared to effectively disarm volatile situations D. warn other employees about the difficult person

Business

Much of the flow of capital, labor, services, and goods among Asia, America, and Europe are ________.

A. people-based B. manufacturing-based C. service-based D. technology-based

Business

What three components exist in the value of an "outperform stock option"?

What will be an ideal response?

Business

Officers are generally not liable to the corporation for secret profits made at the expense of the business of the corporation

Indicate whether the statement is true or false

Business