Question

In: Statistics and Probability

One type of cookie manufactured by Haddad Food Company is Cocoa Cookies. A machine fills packages...

One type of cookie manufactured by Haddad Food Company is Cocoa Cookies. A machine fills packages of these cookies. From time to time the quality control inspector at the company selects a sample of a few such packages, calculates the variance of the net weights of these packages, and constructs a 95% confidence interval for the population variance and standard deviation. A recently taken random sample of 25 packages from the production line gave a sample standard deviation of .15. Find the 95% confidence interval for standard deviation and variance.

Solutions

Expert Solution

Solution :

Given that,

s = 0.15

Point estimate = s2 = 0.0225

df = 24

2R = 2/2,df = 39.364

2L = 21 - /2,df = 12.401

(a)

The 95% confidence interval for 2 is,

(n - 1)s2 / 2/2 < 2 < (n - 1)s2 / 21 - /2

24 * 0.0225 / 39.364 < 2 < 24 * 0.0225 / 12.401

0.0137 < 2 < 0.0435

(0.0137 , 0.0435)

b)

The 95% confidence interval for is,

0.1171 < < 0.2087

(0.1171 , 0.2087)


Related Solutions

A company sells packages of cookies with the following promotion. If two cookies in a package...
A company sells packages of cookies with the following promotion. If two cookies in a package are frostingless, you may get your money back. Suppose each cookie has a 1 100 chance of being frostingless and there are 20 cookies in a package. (a) What is the expected number of frostingless cookies in a package? 5 packages? (b) What is the variance in this number for one package? 5 packages? (c) What is the probability of returning at least one...
There is only one cookies left in the package. No one wants to split the cookie,...
There is only one cookies left in the package. No one wants to split the cookie, so Uday proposes the following solution to who gets to eat it. On the count of 3 each one will show either one or two fingers, they will add up all the fingers shown and divide by 3. If the remainder is 0, Joseph gets the cookie, if the remainder is 1, Uday gets it, and if the remainder is 2, Vanya gets the...
Cookies R Us Incorporated is evaluating a new cookie cutting machine that will cost $500,000. The...
Cookies R Us Incorporated is evaluating a new cookie cutting machine that will cost $500,000. The machine can be depreciated on a straight-line basis to zero over 10 years. It will provide the company with annual before-tax savings of $135,000. The marginal corporate tax rate is 40% and the required rate of return is 15%. What is the net present value of this cost-cutting asset? Multiple Choice $128,611.12 $157,458.69 -$193,855.11 $6,895.63 $277,909.14
Meadows Cookie Company makes a variety of cookies. Based on the orders received and forecasts of...
Meadows Cookie Company makes a variety of cookies. Based on the orders received and forecasts of buying habits, it is estimated that the demands for the next four months are 850, 1260, 510 and 980 in thousands of cookies. During a 46-day period when there were 120 workers, the company produced 7 million cookies. Assume that the number of working days over the four months are respectively 26, 24, 20, and 16. There are currently 100 workers employed, and there...
At Jen and Perry Ice Cream Company, the machine that fills one-pound cartons of Top Flavor...
At Jen and Perry Ice Cream Company, the machine that fills one-pound cartons of Top Flavor ice cream is set to dispense 16 ounces of ice cream in every carton. However, some cartons contain slightly less than and some slightly more than 16 ounces of ice cream. The amounts of ice cream in all such cartons have a normal distribution with a mean of 16 ounces and a standard deviation of 0.1 ounces. If a sample of 25 randomly selected...
Mr. Meadows Cookie Company makes a variety of chocolate chip cookies in the plant in Albion,...
Mr. Meadows Cookie Company makes a variety of chocolate chip cookies in the plant in Albion, Michigan. Based on the orders received and forecasts of buying habits, it is estimated that the demand for the next 4 months is 850, 1260, 510 and 980, expressed in thousands of cookies. During a 46-day period when there were 120 workers, the company produced 1.7 million cookies. Assume that the number of workdays over the 4 months are, respectively, 26, 24, 20 and...
A cookie company makes cookies in 6 shapes and in the following proportions: circle 30%, oval...
A cookie company makes cookies in 6 shapes and in the following proportions: circle 30%, oval 20%, square 15%, rectangle 15%, triangle 10% and hexagon10%. You open boxes of cookies and sort the first 100 cookies. Assume the boxes are filled randomly with the different shape. Color circle oval square rectangle triangle hexagon # of cookies 25 17 17 10 16 15 Determine whether this distribution is consistent with company’s stated proportions. What is the null hypothesis? What is the...
Mr. Meadows Cookie Company makes a variety of chocolate chip cookies in the plant in Albion,...
Mr. Meadows Cookie Company makes a variety of chocolate chip cookies in the plant in Albion, Michigan. Based on orders received and forecasts of buy-ing habits, it is estimated that the demand for the next four months is 850, 1,260, 510, and 980, expressed in thousands of cookies. During a 46-day period when there were 120 workers, the company produced 1.7 million cookies. Assume that the number of workdays over the four months are respectively 26, 24, 20, and 16....
Aunt Ethel’s Fancy Cookie Company manufactures and sells three styles of cookies: Macaroon, Sugar, and Buttercream....
Aunt Ethel’s Fancy Cookie Company manufactures and sells three styles of cookies: Macaroon, Sugar, and Buttercream. The batch size for the cookies is limited to 1,000 cookies based on the size of the ovens and cookie molds owned by the company. Based on budgetary projections, the information listed below is available:   Macaroon Sugar Buttercream Projected sales in units 800,000 600,000 500,000 PER UNIT data: Selling price $0.80 $0.75 $0.60 Direct materials $0.20 $0.15 $0.14 Direct labor $0.04 $0.02 $0.02 Overhead...
A company is considering creating and selling a new type of cookies. Start your paper by...
A company is considering creating and selling a new type of cookies. Start your paper by composing some hypothetical, brief details that summarize what the organization is, what it does, and the product they may launch. Then, create a report explaining the research process that should be used by the company to make this decision. Your report should answer the following questions: What is the research question? What is the proposed research? How would you design the research project? What...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT