When it is operating properly, a chemical plant has a mean daily production of at least 723 tons. The output is measured on a simple random sample of 60 days. The sample had a mean of 715 tons/day and a standard deviation of 23 tons/day. Let 4 represent the mean daily output of the plant. An engineer tests Ho: µ 2 723 versus H1: µ < 723. Is the following statement True or False? If the p-value calculated is a small probability, then it is plausible that the mean daily outputs is greater than or equal to 723 tons. O True O False

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