2:22 sun (8) © DE Aw 72% rAame Were ay Statistical Techniques in Business and Economics Post que (16th Edition) honte 1, Probl 3 seats Shoat! COND Gibbs Baby Food Company wishes to compare the weight gain of infants using its brand versus its competitor's. A sample of 40 babies using the Gibbs products revealed a mean weight {gain of 7.6 pounds inthe first three months after birth. For the Gibbs brand the population standard deviation of the sample 182.3 pounds. A sample of 55 bables using the competitors brand revealed a mean increase in weight of 8.1 pounds. The population standard deviation Is 2.9 pounds. At the.05 significance level, can we conclude that babies using the Gibbs brand gained less weight? Compute the p-value and Interpret it Step-by-step solution The null and alternative hypotheses are Comment Using the table of the normal distribution we find that the value of z that corresponds to the one- talled probability 0.05 is 1.65. We will reject the null hypothesis if the value of the test statistic is less than -1.65. Comment The test statistic is Vas 2-3 Comment© Dre A Aw 72% Comment The test statistic is Va" Va" ss Comment Since -os4>-14s, we cannot reject the null hypothesis. There is no evidence that the first population mean is less than the second population mean, Comment The P-value is Povo =P(2<-098) a5-0<2 <0) The P-value is greater than 0.05, therefore, the null hypothesis cannot be rejected. Comment