Question

In: Statistics and Probability

SeeClear Windows makes windows for use in homes and commercial buildings. The standards for glass thickness...

SeeClear Windows makes windows for use in homes and commercial buildings. The standards for glass thickness call for the glass to average 0.375 inches with a standard deviation equal to 0.050 inches.

90% of the standard glasses will have a thickness between what two values symmetrically distributed around the mean?(round to 3 decimal digits, e.g. 0.123)

1.The smaller number is ?

2.The Larger number is?

3. Suppose we randomly select 64 pieces of windows, what is the mean thickness of all possible samples?

4. Suppose we randomly select 64 pieces of windows, what is the standard deviation of all possible sample means (standard error)?

Solutions

Expert Solution

Given that, mean (μ) = 0.375 inches and

standard deviation = 0.050 inches

We want to find the values of x1 and x2 such that, P(x1 < X < x2) = 0.90

First we find, the z-score such that, P(-z < Z < z) = 0.90

=> 2 * P(Z < z) - 1 = 0.90

=> 2 * P(Z < z) = 1.90

=> P(Z < z) = 0.95

Using standard normal z-table we get, z-score corresponding probability of 0.95 is, z = 1.645

=> P(-1.645 < Z < 1.645) = 0.90

For z = -1.645

x1 = (-1.645 * 0.050) + 0.375 = -0.082 + 0.375 = 0.293

For z = 1.645

x2 = (1.645 * 0.050) + 0.375 = 0.082 + 0.375 = 0.457

Therefore, the 90% of the standard glasses will have a thickness between 0.293 inches and 0.457 inches.

1) The smaller number is 0.293

2) The Larger number is 0.457

3) Given that, sample size is n = 64

The mean and standard deviation of the sampling distribution of the sample mean are,

The mean thickness of all possible samples is 0.375 inches

4) The standard deviation of all possible sample means is 0.00625 inches


Related Solutions

All Clear Windows makes windows for use in homes and commercial buildings. The standards for glass...
All Clear Windows makes windows for use in homes and commercial buildings. The standards for glass thickness call for the glass to average 0.375 inches with a standard deviation of 0.050 inches. Let x̄ represent the mean thickness of 50 randomly selected windows. Please answer A-C (a) Can we use a normal distribution to calculate probabilities of x̄? Explain (b) Describe the mean (center) and standard error (spread) of the sampling distribution of x̄. (c) Suppose a random sample of...
Pane of Glass Inc. produces custom glasswork for high-end homes and buildings. The following cost data...
Pane of Glass Inc. produces custom glasswork for high-end homes and buildings. The following cost data relate to the company’s labour costs. Units Produced Labour Cost July 400 $15,000 August 300 13,000 September 320 13,200 October 350 13,800 November 420 16,000 December 410 14,800 Required: Using the high-low method, estimate the cost formula (write it in y=mx+b format). Using your answer from part a.) above, assuming in the following month the company expects to make 250 units, what will be...
Pane of Glass Inc. produces custom glasswork for high-end homes and buildings. The following cost data...
Pane of Glass Inc. produces custom glasswork for high-end homes and buildings. The following cost data relate to the company’s labour costs. Units Produced Labour Cost July 400 $15,000 August 300 13,000 September 320 13,200 October 350 13,800 November 420 16,000 December 410 14,800 Required: Using the scattergraph method, estimate the cost formula. Using the least squares regression method, estimate the cost formula. Are there any factors other than the number of units produced that may contribute to a variation...
Atlantic Glass Company makes custom, luxury shower door glass enclosures for new construction homes and bathroom...
Atlantic Glass Company makes custom, luxury shower door glass enclosures for new construction homes and bathroom remodeling projects. Recently they have received a significant number of inquiries from home builders and contractors about a new glass door design that includes both glass and iron in the shower enclosure materials. Atlantic Glass’s current production facilities do not have the machinery or space to produce such a specialty, multi material enclosure so the company has turned down these potential orders. The sales...
Sweet Home Improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and...
Sweet Home Improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and condominium complexes. The company is in the process of preparing its annual financial statements for the fiscal year ended May 31, 2020. Jim Alcide, controller for Sweet, has gathered the following data concerning inventory. At May 31, 2020, the balance in Sweet’s Raw Materials Inventory account was $485,520, and Allowance to Reduce Inventory to NRV had a credit balance of $27,670. Alcide summarized the...
Whispering Home Improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and...
Whispering Home Improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and condominium complexes. The company is in the process of preparing its annual financial statements for the fiscal year ended May 31, 2020. Jim Alcide, controller for Whispering, has gathered the following data concerning inventory. At May 31, 2020, the balance in Whispering’s Raw Materials Inventory account was $424,320, and Allowance to Reduce Inventory to NRV had a credit balance of $27,440. Alcide summarized the...
Pharoah Home Improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and...
Pharoah Home Improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and condominium complexes. The company is in the process of preparing its annual financial statements for the fiscal year ended May 31, 2020. Jim Alcide, controller for Pharoah, has gathered the following data concerning inventory. At May 31, 2020, the balance in Pharoah’s Raw Materials Inventory account was $456,960, and Allowance to Reduce Inventory to Market had a credit balance of $28,300. Alcide summarized the...
Taco Company installs replacement siding, windows, and louvered glass doors for single-family homes and condominium complexes....
Taco Company installs replacement siding, windows, and louvered glass doors for single-family homes and condominium complexes. The company is in the process of preparing its annual financial statements for the fiscal year ended May 31, 2020. Jim Alcide, controller for Taco, has gathered the following data concerning inventory. At May 31, 2020, the balance in Headland’s Raw Materials Inventory account was $461,040, and Allowance to Reduce Inventory to Market had a credit balance of $29,040. Alcide summarized the relevant inventory...
Sunland Home Improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and...
Sunland Home Improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and condominium complexes. The company is in the process of preparing its annual financial statements for the fiscal year ended May 31, 2020. Jim Alcide, controller for Sunland, has gathered the following data concerning inventory. At May 31, 2020, the balance in Sunland’s Raw Materials Inventory account was $505,920, and Allowance to Reduce Inventory to NRV had a credit balance of $27,630. Alcide summarized the...
Pharoah Home Improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and...
Pharoah Home Improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and condominium complexes. The company is in the process of preparing its annual financial statements for the fiscal year ended May 31, 2020. Jim Alcide, controller for Pharoah, has gathered the following data concerning inventory. At May 31, 2020, the balance in Pharoah’s Raw Materials Inventory account was $428,400, and Allowance to Reduce Inventory to Market had a credit balance of $26,750. Alcide summarized the...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT