A tool manufacturer claims that the tool life of his tools is not less than 50 minutes. A random sample of 16 cutting tools made from Company A was tested, indicating an average tool life of 56 minutes with a standard deviation of 5 minutes. Please test whether or not the company's claim is true and find the t-value. Since the sample size is less than 30, we will use the t-statistic. Also, use an alpha value of 0.05. Ho: 50 minutes, H1: 50 minutes
a. t0 = 4.8
b. t0 = 2.1
c. t0 = 9.1
d. t0 = 5.0
e. t0 = 7.7