Question

In: Statistics and Probability

The following are some of the data collected in one of the mensuration exercises. The measurements...

The following are some of the data collected in one of the mensuration exercises. The measurements are volumes in m3/ha for 24 different plots:

Column 1

Column 2

736

1009

1560

1413

990

1528

924

1079

1042

1207

1360

1770

936

826

1618

1573

1221

1259

1033

1564

1288

896

555

1462

a) Assume that each column of data comes from a different forest type. Is it very likely to get a variance ratio S12/S22 as big as, or greater than what you got if you assume that ?12 = ?22 . Can you assume that ?12= ?22 with a good probability?

b)You don't know the population variance of the two forest types, but you are told that µ1 = µ2 . What is the probability that, if you take 12 plots from each type:

i)x?2 - x?1 ? 200?

ii) 100 ? x?2 - x?1 ? 200?

iii) to get a difference as big as you have or greater?

Solutions

Expert Solution

A)

Column 1 Column 2
736 1009
1560 1413
990 1528
924 1079
1042 1207
1360 1770
936 826
1618 1573
1221 1259
1033 1564
1288 896
555 1462
Mean 1105.25 1298.833333
standard deviation 316.8774139 299.6740148
Var 100411.2955 89804.51515

Null and Alternate Hypothesis

Level of significance alpha = 0.05

A way to compare the variances of two normally distributed populations is to use the variance ratio. The sampling distribution of is used. Since the population variances are usually not known, the sample variances are used. The assumptions are that sample variances s_1^2 and s_2^2 are computed from independent samples of size n1 and n2, respectively, drawn from two normally distributed populations. If the assumptions are met, follows a distribution known as the F distribution with two values used for degrees of freedom.

95% Confidence interval of the ratio of population variances can be calculated as follows:

Thus we conclude that the ratio of population variance lies between 0.32 and 3.85 with 95% confidence interval.

B) i)

Lookup up the standard normal distribution table

P(X<=3.126) = 0.941

ii)

P(z <= 2.331) = 0.940

P(z <= 3.126) = 0.941


Related Solutions

In an experiment like the one you will complete, a student collected the following data. Use...
In an experiment like the one you will complete, a student collected the following data. Use this information to complete the questions below. YOU MUST SHOW ALL CALCULATIONS. Change in Mass of Anode: -0.023 g Change in Mass of Cathode: +0.019 g Average Current: 38.7 mA Time of Electrolysis: 1860 s d) Using the average of the change in mass of copper from the electrodes in the electrolytic cell, calculate the molar mass of copper.
Parallel Enterprises has collected the following data on one of its products. During the period the...
Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. What is the direct materials price variance? Direct materials – standard (7 kg. @ $2.40/kg) $16.80 per finished unit Actual cost of materials purchased $402,500 Actual direct materials purchased and used 158,000 lbs
Parallel Enterprises has collected the following data on one of its products. During the period the...
Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. What is the direct materials price variance? Direct materials – standard (7 kg. @ $2.40/kg) $16.80 per finished unit Actual cost of materials purchased $402,500 Actual direct materials purchased and used 158,000 lbs a. $23,300 U b. $23,300 F c. $40,800 F d. $40,800 U e. $17,500 U Parallel Enterprises has collected the following data on one of its products....
How would volume measurements change (pulmonary volume and capacity) if data were collected during vigorous exercise...
How would volume measurements change (pulmonary volume and capacity) if data were collected during vigorous exercise (TV, IRV, ERV, VC, RV) in comparison to collecting data at when at rest? Please provide reasonable quantitative estimates, rather than just a qualitative description.
Suppose that some data have been collected on the returns on a portfolio i and on...
Suppose that some data have been collected on the returns on a portfolio i and on the excess returns on a market index as shown in the following table. What is the OLS estimator for βi ? year Portfolio return Market return   2015 2.8 1.5 2016   3.9 4.3   2017   4.6 5.6   2018   1.6 2.1 A. 0.51 B. 0.60 C. 0.32 D. 1.23
Researchers studying anthropometry collected body girth measurements and skeletal diameter measurements, as well as age, weight,...
Researchers studying anthropometry collected body girth measurements and skeletal diameter measurements, as well as age, weight, height and gender, for 507 physically active individuals. The histogram below shows the sample distribution of heights in centimeters. (a) What is the point estimate for the average height of active individuals? What about the median? (b) What is the point estimate for the standard deviation of the heights of active individuals? What about the IQR? (c) Is a person who is 1m 80cm...
In 1882, Albert Michelson collected measurements on the speed of light ("Student t-distribution," 2013). His measurements...
In 1882, Albert Michelson collected measurements on the speed of light ("Student t-distribution," 2013). His measurements are given in table #8.3.7. Find the speed of light value that Michelson estimated from his data using a 95% confidence interval. 299883 299816 299778 299796 299682 299711 299611 299599 300051 299781 299578 299796 299774 299820 299772 299696 299573 299748 299748 299797 299851 299809 299723   
Fletcher Company collected the following data regarding production of one of its products. Compute the variable...
Fletcher Company collected the following data regarding production of one of its products. Compute the variable overhead efficiency variance. Direct labor standard (2 hrs. @ $12.60/hr.) $ 25.20 per finished unit Actual direct labor hours 101,500 hrs. Budgeted units 61,000 units Actual finished units produced 50,000 units Standard variable OH rate (2 hrs. @ $16.20/hr.) $ 32.40 per finished unit Standard fixed OH rate ($603,900/61,000 units) $ 9.90 per unit Actual cost of variable overhead costs incurred $ 1,614,000 Actual...
22. Fletcher Company collected the following data regarding production of one of its products. Compute the...
22. Fletcher Company collected the following data regarding production of one of its products. Compute the variable overhead cost variance. Direct labor standard (2.0 hrs. @ $13.40/hr.) $ 26.80 per finished unit Actual direct labor hours 92,500 hrs. Budgeted units 47,500 units Actual finished units produced 45,500 units Standard variable OH rate (2 hrs. @ $15.20/hr.) $ 30.40 per finished unit Standard fixed OH rate ($589,000/47,500 units) $ 12.40 per unit Actual cost of variable overhead costs incurred $ 1,379,200...
1.) Georgia, Inc. has collected the following data on one of its products. The direct materials...
1.) Georgia, Inc. has collected the following data on one of its products. The direct materials price variance is: Direct materials standard (3 lbs @ $1/lb) $3 per finished unit Total direct materials cost variance—unfavorable $22,250 Actual direct materials used 100,000 lbs. Actual finished units produced 25,000 units 2.) Milltown Company specializes in selling used cars. During the month, the dealership sold 32 cars at an average price of $16,000 each. The budget for the month was to sell 30...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT