7. Incorrect. The answer is true, not false

 

The test can be formulated as follows

H0: μ=0.060

Ha: μ≠0.060, so a two-tailed test is required.

 

Under the H0, T=(`X- μ)(n-1)0.5/S=(0.063-0.060)*90.5/0.003=3.

 

For a two-tailed test at 0.05 level of significance the decision rule is to reject H0 if T lies outside the interval μ -t0.995 to t0.995 which for 10-1 degrees of freedom is the interval -3.25 to 2.26. Reject H0 otherwise. Since T=3, we reject H0 at 5% level.

 

For a two-tailed test at 0.01 level of significance the decision rule is to reject H0 if T lies outside the interval -t0.975 to t0.975 which for 10-1 degrees of freedom is the interval -2.26 to 3.25. Reject H0 otherwise. Since T=3, we fail to reject H0 at 1% level.