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Why would the lenny lug nut manufacturer care

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Reference no: EM132967206

Lenny's Lug Nuts manufactures a standard bolt fastener that weighs 6 oz. Lenny has been noticing lately that the iron made to use the bolt fastener has been used up to quickly. Lenny decides to take a random sample of 81 bolt fasteners from the manufacturing facility and he finds average weight of the bolt fasteners to be 6.3 oz., with a standard deviation of 1 oz. Using a 5% significance level, test the claim that the weight of the manufactured bolt fasteners has changed.

(Remember your units)
(Round all statistics and answer to four decimal places)

b) Why would or should the Lenny's Lug Nut manufacturer care?

Reference no: EM132967206

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