Question
In: Statistics and Probability
The data in the table below presents the hourly quantity of production for three lines of...
The data in the table below presents the hourly quantity of production for three lines of production processes over the first 4 days in XYZ Company. Answer the questions based on the Excel Output given below.
|
Day |
Process 1 |
Process 2 |
Process 3 |
|
1 |
33 |
33 |
28 |
|
2 |
30 |
35 |
36 |
|
3 |
28 |
30 |
30 |
|
4 |
29 |
38 |
34 |
ANOVA: Single Factor
SUMMARY
|
Groups |
Count |
Sum |
Average |
Variance |
|
Process 1 |
4 |
120 |
30 |
4.66667 |
|
Process 2 |
4 |
136 |
34 |
11.3333 |
|
Process 3 |
4 |
128 |
32 |
13.3333 |
ANOVA
|
Source of Variation |
SS |
df |
MS |
F |
P value |
|
|
Between Groups |
32 |
? |
? |
? |
||
|
Within Groups |
88 |
? |
? |
|||
|
Total |
120 |
11 |
a. State the null and alternative hypothesis for single factor ANOVA. (1 mark)
b. State the decision rule (α = 0.05).
c. Calculate the test statistic.
d. Make a decision.
Solutions
orchestra answered 1 year agoRelated Solutions
The data in the table below presents the hourly quantity of production for three lines of...
The data in the table below presents the hourly quantity of
production for three lines of production processes over the first 4
days in XYZ Company. Answer the questions based on the Excel Output
given below. Day Process 1 Process 2 Process 3 1 33 33 28 2 30 35
36 3 28 30 30 4 29 38 34 ANOVA: Single Factor SUMMARY Groups Count
Sum Average Variance Process 1 4 120 30 4.66667 Process 2 4 136 34
11.3333...
Question 3: The data in the table below presents the hourly quantity of production for three...
Question 3:
The data in the table below presents the hourly quantity of
production for three lines of production processes over the first 4
days in XYZ Company. Answer the questions based on the Excel Output
given below.
Day
Process 1
Process 2
Process 3
1
33
33
28
2
30
35
36
3
28
30
30
4
29
38
34
ANOVA: Single Factor
SUMMARY
Groups
Count
Sum
Average
Variance
Process 1
4
120
30
4.66667
Process 2
4
136...
Question 3 (10 marks) The data in the table below presents the hourly quantity of production...
Question 3
The data in the table
below presents the hourly quantity of production for three lines of
production processes over the first 4 days in XYZ Company. Answer
the questions based on the Excel Output given below.
Day
Process 1
Process 2
Process 3
1
33
33
28
2
30
35
36
3
28
30
30
4
29
38
34
ANOVA: Single Factor
SUMMARY
Groups
Count
Sum
Average
Variance
Process 1
4
120
30
4.66667
Process 2
4
136...
4. (a) The following table presents data on the economy of Macroland. Period Quantity of Labor...
4. (a) The following table presents data on the economy of
Macroland.
Period
Quantity of Labor (L)
Quantity of Capital (K)
Total Output (Y)
1
50
50
200
2
50
60
215
3
50
70
225
4
50
80
230
Calculate Labor productivity for each period.
Calculate output per capital for each period.
Calculate marginal return to capital for each period.
Calculate the growth rate for each period....
The table below presents three samples of data. Which of the following confidence levels would reject...
The table below presents three samples of data.
Which of the following confidence levels would reject the null
hypothesis that the three population means are equal?
Sample
1
Sample
2
Sample
3
7
11
6
5
8
5
7
11
4
6
7
5
6
13
14
6
13
5
6
12
5
6
11
6
8
8
8
9
7
6
7
6
14
9
7
4
8
8
8
8
9
13
9
6
10
8
11
14...
The table below shows price and quantity data for a hypothetical economy. Quantity Demanded 2018 Prices...
The table below shows price and quantity data for a
hypothetical economy.
Quantity Demanded
2018
Prices 2017
(base year)
Prices
2018 (current
year)
10 kilograms (kg) coffee
$6/kg
$2/kg
10kg tea
$4/kg
$4/kg
Assume that a typical consumer’s food
basket contains only coffee and tea. Moreover, assume that
consumers are completely indifferent between coffee and tea. If the
official “food inflation rate” for 2018 is calculated using a
Paasche index, the substitution bias is demonstrated by the fact
that the...
The data in the table below assume that with the same quantity of resources, both Australia...
The data in the
table below assume that with the same quantity of resources, both
Australia and Philippines produce food and computers. Australia can
make 1,000 computers or 2,000 units of food a day, and Philippines
can make 200 computers or 1,200 units of food in a day.
Amount Produced of
Each Good per Day per Country
Computers
Food
Australia
1,000
2,000
Philippines
200
1,200
1.
Illustrate the
production possibilities (PPC) for both countries
2.
Which country
has an absolute...
Access the hourly wage data on the below Excel Data File (Hourly Wage). An economist wants...
Access the hourly wage data on the below Excel Data File (Hourly
Wage). An economist wants to test if the average hourly wage is
less than $28. Assume that the population standard deviation is
$8.
b-1. Find the value of the test statistic. (Negative value
should be indicated by a minus sign. Round intermediate
calculations to at least 4 decimal places and final answer to 2
decimal places.)
Hourly Wage
Education
Experience
Age
Gender
39.00
11
2
40
1
21.02...
(NO CLICKED PHOTOS OR SCREENSHOTS PLEASE, ONLY COMPLETE SOLUTION) The data in the table below presents...
(NO CLICKED PHOTOS OR SCREENSHOTS PLEASE, ONLY COMPLETE
SOLUTION) The data in the table below presents the hourly quantity
of production for three lines of production processes over the
first 4 days in XYZ Company. Answer the questions based on the
Excel Output given below.
Day
Process 1
Process 2
Process 3
1
33
33
28
2
30
35
36
3
28
30
30
4
29
38
34
ANOVA: Single Factor
SUMMARY
Groups
Count
Sum
Average
Variance
Process 1
4...
Production quantity and the total cost of production are given in the form of a table....
Production quantity and the total cost of production are given
in the form of a table.
Production quantity (100 tons)
42
16
48
50
30
12
18
28
Total cost (1000 of Rs.)
22
10
14
20
14
8
12
16
Determine the total cost production for (i) 2500 tons (ii) 4500
tons
If the total production cost is Rs. 50,000, then how many
quantities were produced?
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