A lathe is set to cut bars of steel into lengths of 6 centimeters. The lathe is considered to be in perfect adjustment if the average length of the bars it cuts is 6 centimeters. A sample of 144 bars is selected randomly and measured. It is determined that the average length of the bars in the sample is 6.09 centimeters with a standard deviation of .48 centimeters.a. Formulate the hypotheses to determine whether or not the lathe is in perfect adjustment.b. Compute the test statistic.c. Using the p-value approach, what is your conclusion? Let ? = .05.How do you compute using excel?
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