Question

In: Statistics and Probability

The specific gravity of your company’s main product is supposed to be 1.15. Sampling from the...

The specific gravity of your company’s main product is supposed to be 1.15. Sampling from the line gave a sample average of 1.11 using n = 6 samples. From historical data, the standard deviation of the s.g. can be assumed to be 0.15.

a. Is the product coming off the line acceptable? Answer using a 95% confidence interval.

b. Is the product coming off the line acceptable? Answer using a hypothesis test at 95% significance.

Solutions

Expert Solution


Related Solutions

The following data were recorded from a standard proctor compaction test. The specific gravity of the...
The following data were recorded from a standard proctor compaction test. The specific gravity of the soil grains is 2.8. The volume of the mould is 0.945 x 10-3 m 3 Mass (kg) 1,767 1,928 2.013 2.079 2.041 1.975 Water content (%) 6 9 11 14 17 20 (i) Plot the compaction curve and determine the optimum water content and maximum dry density. (ii) Plot the zero air void curve. (iii) If is proposed to achieve a relative compaction of...
Draw the reaction diagram from starting material to product of your specific reagent. This is for...
Draw the reaction diagram from starting material to product of your specific reagent. This is for aldol condensation using NaOH and ethanol along with benzaldehyde and a simple ketone, 3-Pentanone
what are the major functions of management ? provide specific examples to support your main point.
what are the major functions of management ? provide specific examples to support your main point.
1. What is the main goal in decision analyses. Be specific and complete using terminology from...
1. What is the main goal in decision analyses. Be specific and complete using terminology from the course. 2. Why perform sensitivity analysis? Of what use is sensitivity analysis where good probability estimates are difficult to obtain? *Please use different answers from the chegg because my friend already use it.
Your younger brother is supposed to mow the lawn using a push mower. He reasons from...
Your younger brother is supposed to mow the lawn using a push mower. He reasons from Newton's third Law that the mower will push back with the same force he exerts on the mower; therefore nothing will move and attempting to mow the lawn is pointless. What is wrong with his reasoning?
identify your own example of improper sampling from your day-to-day life Be sure to provide the...
identify your own example of improper sampling from your day-to-day life Be sure to provide the sampling method used, why the sampling method is improper, what type of sampling should have been used, and why.
Your division manufactures the spare part needed to produce the main product. On January 1 of...
Your division manufactures the spare part needed to produce the main product. On January 1 of this year, you as the manager of the division invested $2 million in a new equipment. At that time, your expected income statement for this year was as follows: Sales revenues $ 3,200,000 Operating costs:      Variable (cash expenditures)    $ 400,000       Fixed (cash expenditures)     1,500,000 Equipment depreciation        300,000 Other depreciation        250,000      Total operating costs $2,450,000 Operating profits (before...
A supplier offers you the following discount table for the purchase of your main product, whose...
A supplier offers you the following discount table for the purchase of your main product, whose annual demand you have estimated at 5,000 units. The cost of issuing a purchase order is $ 49, and it has also been estimated that the annual cost of storing a unit in inventory is 20% of the cost of purchasing the product. What is the order quantity that minimizes the total cost of inventory? Q ( Cantidad) Discount % Costo Unitario 0   -...
Marketing ●Topic: Introduction of the marketing strategy of a tourism attraction/company’s product or service of your...
Marketing ●Topic: Introduction of the marketing strategy of a tourism attraction/company’s product or service of your country (in Tanzania specifically) ●Possible Content : Chose a tourism attraction /company’s product or brand in your country, describe: 1.The background 2. The marketing environment of it 3.The STP strategy of it. (1)market segmentation (2)target market (3)positioning strategy 4. The 4Ps strategy of it (1) product The country chosen is Tanzania. Send in PPT or file
Demand for your company’s product is influenced by two factors: economic conditions for the year (good,...
Demand for your company’s product is influenced by two factors: economic conditions for the year (good, fair or poor) and the intensity of market competition (intense or moderate). Company analysts estimate a likelihood of 30% that economic conditions will be good, a 50% likelihood that they will be fair, and a 20% likelihood they will be poor. It is estimated that if economic conditions are good, there is an 80% probability that market competition will be intense (and so a...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT