Answer:
P-value = 0.4324
Step-by-step explanation:
We are given the following in the question:
Population mean, μ = 8 ounces
Sample mean, [tex]\bar{x}[/tex] = 7.983 ounces
Sample size, n = 48
Population standard deviation, σ = 0.15 ounces
First, we design the null and the alternate hypothesis
[tex]H_{0}: \mu = 8\text{ ounces}\\H_A: \mu \neq 8\text{ ounces}[/tex]
We use Two-tailed z test to perform this hypothesis.
Formula:
[tex]z_{stat} = \displaystyle\frac{\bar{x} - \mu}{\frac{\sigma}{\sqrt{n}} }[/tex]
Putting all the values, we have
[tex]z_{stat} = \displaystyle\frac{7.983 - 8}{\frac{0.15}{\sqrt{48}} } = -0.7851[/tex]
Now, we calculate the p-value with the help of standard normal z table.
P-value = 0.4324