The next three questions are based on the following information. To study the weight accuracy of...

The next three questions are based on the following information.

To study the weight accuracy of a 50lb fertilizer bag, 12 samples of 12 bags of fertilizer in each sample were taken and the results are as follows.

	Mean	Range
Sample 1	47	1.1
Sample 2	46	1.31
Sample 3	46	0.91
Sample 4	47	1.1
Sample 5	48	1.21
Sample 6	50	0.82
Sample 7	49	0.86
Sample 8	49	1.11
Sample 9	51	1.12
Sample 10	52	0.99
Sample 11	50	0.86
Sample 12	51	1.2

1.

The overall average weight of a bag of fertilizer is ________ pound, and the average range is ____________ pound. (Please round to two decimal points and include no units.)

2.

The upper control limit for a 99.7% control chart for the mean is ________ pound, and the lower control limit is __________ pound. (Please round to two decimal points and include no units. Please enter the upper limit first.)

3.

The upper control limit for a 99.7% control chart for the range is_________ pound, and the lower control limit is _________ pound. (Please round to two decimal points and include no units. Please enter the upper limit first.)

Expert Solution

Solution:

Given that

Colby Messinger answered 2 years ago

The next three questions are based on the following information: Strata Company is a retailer whose...

The next three questions are based on the following information: Strata Company is a retailer whose shares are publicly traded. During year X1, Strata reported the following quarterly financial information in its SEC filings: Quarter Q1 Q2 Q3 Q4 Pre-Tax Income 100,000 130,000 140,000 180,000 Taxes (20%) (20,000) (26,000) (28,000) (36,000) Net Income 80,000 104,000 112,000 144,000 As a retailer, Strata counts its inventory on 6/30 and 12/31 of each year. While observing Strata's inventory count on 12/31/X1 prior to...

The next three questions are based on the following information. Sam has a cleaning service. To...

The next three questions are based on the following information. Sam has a cleaning service. To better allocate his resources, he would like to forecast his weekly orders based on the order number he received in the past 13 weeks as shown in the following table. Week Demand Week 1 11 Week 2 14 Week 3 16 Week 4 10 Week 5 15 Week 6 17 Week 7 11 Week 8 14 Week 9 17 Week 10 12 Week 11...

The next three questions are based on the following information. The Low Knock Oil Company produces...

The next three questions are based on the following information. The Low Knock Oil Company produces two grades of cut-rate gasoline for industrial distribution. The grades, regular and economy, are produced by refining a blend of two types of crude oil, type X100 and type X220. Each crude oil differs not only in cost per barrel, but in composition as well. The following table indicates the percentage of crucial ingredients found in each of the crude oils and the cost...

Use the following information to answer the next three questions: The following information is available from...

Use the following information to answer the next three questions: The following information is available from the records of Aggies R Us, Inc. at the end of the 2017 calendar year. Assume this is Aggies’ 1st year of operation. Accounts Receivable $102,200 Notes Payable $???? Cash 70,890 Salary Expense 320,000 Building 75,000 Retained earnings ???? Advertising Expense 60,000 Accounts Payable 62,800 Dividends 12,200 Income Tax Expense 23,100 Service Revenues 460,000 Common Stock 120,000 Office Equipment 22,500 Wages Payable 15,450 Determine Aggies’ Net Income for the year ended December 31, 2017: A. $36,900 B. $80,000 C. $56,900 D. $44,700...

The next 6 questions are based on the following information for Wagner Company for the years...

The next 6 questions are based on the following information for Wagner Company for the years 2012, 2011, and 2010: 2012 2011 2010 Total revenues $910,000 $620,000 $540,000 Total expenses $780,000 $530,000 $450,000 Total assets $600,000 $300,000 $270,000 Total liabilities $320,000 $180,000 $140,000 Total owners’ equity $ ? $ ? $ ? 1. The percent increase in total revenues from 2010 to 2012 is (round to nearest whole percent) A. 85% B. 14% C. 69% D. 44% E. None of...

The next three questions are based on the following data on the closing price at year’s...

The next three questions are based on the following data on the closing price at year’s end in Euros of the DAX Stock Index. year 1994 1995 1996 1997 closing price 2100.98 2280.81 2844.09 4125.54 11. Find ˆm. A. ≈ 506.4 B. ≈ 663.7 C. ≈ 792.4 D. ≈ 914.9 E. other value 12. Find the coefficent of determination. A. ≈ .877 B. ≈ .899 C. ≈ .936 D. ≈ .948 E. other value 13. Find a 90% confidence interval...

The following information is for the next three questions. Investor P has the following portfolio: Stock...

The following information is for the next three questions. Investor P has the following portfolio: Stock Amount Return Beta A 10,000 10% 1.2 B 30,000 12% 0.8 C 20,000 15% 1.4 D 40,000 20% 2.0 01 - What are the weights of these four stocks in the portfolio? A. w1= 20%, w2= 30% w3 = 20% w4= 10% B. w1= 10%, w2= 40% w3 = 20% w4= 10% C. w1= 10%, w2= 30% w3 = 20% w4= 40% D. w1=...

he next two questions are based on the following information: Assume that Forrest Company uses the...

he next two questions are based on the following information: Assume that Forrest Company uses the LIFO accounting method. In year X1, Forrest reported the following information: Units Unit Cost Total Cost Beginning Inventory (1/1/X1) 1,000 10 10,000 Purchases (year X1) 2,000 11 22,000 Year X1 Sales 1,500 Ending Inventory (12/31/X1) 1,500 Based on the above information, Forrest Company will report which of the following amounts for its LIFO Inventory on 12/31/X1? The next two questions are based on the...

Answer the following questions based on the information provided below: You are conducting a study to...

Answer the following questions based on the information provided below: You are conducting a study to determine the impact of a new reading intervention on students test scores. You randomly assign 40 students to either the intervention group or the control group (those not participating in the intervention). You also break the students into morning and afternoon classes to determine which is the best time of day to conduct the intervention. 1. What is the dependant variable? 2. What is/are...

Read the following Case Study and answer the questions based on the information. History of Present...

Read the following Case Study and answer the questions based on the information. History of Present Illness: The patient has been noted to have some bright, red bleeding intermittently for approximately 8 months, initially presumable of a hemorrhoidal basis. She recently has had intensification of the rectal bleeding but no weight loss, anorexia, or obstructive pain. No significant diarrhea or constipation. Some low back pain, probably unrelated. Recent colonoscopy by Dr. Scoma revealed a large sessile (attached by a broad...

Question