2. It is thought that a new process for producing a certain chemical may be cheaper than the currently used process. Each process was run 10 times, and the cost of producing 100 L of the chemical was determined each time. The results, in dollars, were as follows: New Process 55 62 64 66 68 61 58 65 68 76 Old Process 60 61 66 65 59 64 60 61 64 70 a) State the appropriate null and alternative hypotheses. b) Compute the test statistics c) Determine the P-value d) State the conclusion.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 32E
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2. It is thought that a new process for producing a certain
chemical may be cheaper than the currently used process.
Each process was run 10 times, and the cost of producing
100 L of the chemical was determined each time. The
results, in dollars, were as follows:
New Process 55 62 64 66 68 61 58 65 68 76
Old Process 60 61 66 65 59 64 60 61 64 70
a) State the appropriate null and alternative hypotheses.
b) Compute the test statistics
c) Determine the P-value
d) State the conclusion.
Transcribed Image Text:2. It is thought that a new process for producing a certain chemical may be cheaper than the currently used process. Each process was run 10 times, and the cost of producing 100 L of the chemical was determined each time. The results, in dollars, were as follows: New Process 55 62 64 66 68 61 58 65 68 76 Old Process 60 61 66 65 59 64 60 61 64 70 a) State the appropriate null and alternative hypotheses. b) Compute the test statistics c) Determine the P-value d) State the conclusion.
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