Hypothesis testing about the mean and proportion Requirements:Consider the above scenario, and conduct a hypothesis test using the 95% confident levelwith a 5% significance. In your answer, include the different steps used to construct ahypothesis test using the critical value method. See steps below.•Null and altemative hypotheses•Level of significance•Test statistics•Critical values and rejection region•Process of checking to see whether the test statistic falls in the rejection region•Conclusion in wordsEnd! John's Limited manufactures screws that are used in the manufacture of tables. The tablemanufacturers require that the screws must have a length of 150 mm, with a small tolerancefor differences in length.Resultantly, John's Ltd randomly sampled and measured the average length of screws for 25production runs. Due to the fact that the table manufacturers require a small tolerance fordifferences in the length of the screws, a 5% significance level for evaluation was chosen.After measuring the average of the samples and their standard deviation, it was observed thatthe sample values was normally distributed about the mean.Assume John's Ltd derived the following values from their test:Mean = 150.12Standard Deviation = 0.496Below is John's hypothesisHo: The screw sizes equal 150H1: The screw sizes do not equal 150.Requirements:Consider the above scenario, and conduct a hypothesis test using the 95% confident levelwith a 5% significance. In your answer, include the different steps used to construct ahypothesis test using the critical value method. See steps below.

Name: Hypothesis testing about the mean and proportion Requirements:Consider
Uploaded: 2024-03-20T07:07:00.000Z
Channel: Bartleby
Description: Hypothesis testing about the mean and proportion Requirements:Consider the above scenario, and conduct a hypothesis test using the 95% confident levelwith a 5% significance. In your answer, include the different steps used to construct ahypothesis te