Answer:
The null and alternative hypotheses are:
[tex]H_{0}:\mu=600[/tex]
[tex]H_{a}:\mu \neq 600[/tex]
The two tailed critical values at 0.05 significance level for df = 8 - 1 = 7 is found using t table and is given below:
[tex]t_{critical}=\pm 2.365[/tex]
We can also use excel to find this critical value. The excel formula is:
=TINV(0.05,7)
Under null hypothesis, the test statistic is:
[tex]t=\frac{\bar{x}-\mu}{\frac{s}{\sqrt{n}} }[/tex]
Where:
[tex]\bar{x}=599.98[/tex] is the sample mean of given one day volumes.
[tex]s=0.1259[/tex] is the sample standard deviation of given one day volumes.
[tex]n=8[/tex] is the sample size
[tex]\therefore, t=\frac{599.98-600}{\frac{0.1259}{\sqrt{8}} }[/tex]
[tex]=-0.45[/tex]
Conclusion: Since the test statistic does not lie outside the critical values, we therefore, fail to reject the null hypothesis and conclude that the average volume of soda dispenses is no different from 600 ml.