Answer:
We accept the null hypothesis and the population mean is $120.
Step-by-step explanation:
We are given the following in the question:
Sample size, n = 100
Sample mean,
= $120
Alpha, α = 0.01
Sample standard deviation, s = $25
First, we design the null and the alternate hypothesis
We use two-tailed t test to perform this hypothesis.
Formula:

Putting all the values, we have
p-value one tail= 0.024
p-value two tail= 0.048
Conclusion:
Since the p-value for two tailed test is greater than the significance level, we fail to reject the null hypothesis and accept it.
Thus, the population mean is $120.
If it takes yards and turns it into feet then it just multiplies it by 3
so if the input is 10.5 then you just multiply it by three
31.5 feet is the imput
Answer:
The probability that the next failure will not occur before 30 months have elapsed is 0.0454
Step-by-step explanation:
Using Poisson distribution where
t= number of units of time
x= number of occurrences in t units of time
λ= average number of occurrences per unit of time
P(x;λt) = e raise to power (-λt) multiplied by λtˣ divided by x!
here λt = 25
x= 30
P(x= 30) = 25³⁰e⁻²⁵/ 30!
P (x= 30) = 8.67 E41 * 1.3887 E-11/30! (where E= exponent)
P (x=30) = 1.204 E31/30!
Solving it with a statistical calculator would give
P (x=30) = 0.0454
The probability that the next failure will not occur before 30 months have elapsed is 0.0454
She will need 12 seconds because -20•12=-240