5 Records on a fleet of trucks reveal that the average life
Solution
Formulating the null and alternative hypotheses,              
               
 Ho:   u   =   22100  
 Ha:    u   =/   22100  
               
 As we can see, this is a    two   tailed test.      
               
 Thus, getting the critical t,              
 df = n - 1 =    17          
 tcrit =    +/-   2.109815578      
               
 Getting the test statistic, as              
               
 X = sample mean =    23400          
 uo = hypothesized mean =    22100          
 n = sample size =    18          
 s = standard deviation =    1412          
               
 Thus, t = (X - uo) * sqrt(n) / s =    3.906113947          
               
 Also, the p value is, as it is two tailed,              
               
 p =    0.001136521          
               
 Comparing |t| > 2.1098, (or, p < 0.05), we   REJECT THE NULL HYPOTHESIS.          
Thus, there is significant evidence that the mean average life is not 22,100 miles. [CONCLUSION]

