In: Statistics and Probability
You run your printer 1000 times and find that your 3D printer fails 1 every 50 prints. The manufacturer claims that the printer will only fail 1% of the time.
a Create a confidence interval for the failure rate of your printer.
b Is the failure rate of your printer different than that of the manufactures? Make sure to include the null and alternative hypothesis, z score, p value and interpretation of the results.
c Is the failure rate of your printer greater than that of the manufactures? Make sure to include the null and alternative hypothesis, z score, p value and interpretation of the results.
Solution-A:
p^=x/n=50/1000=0.05
z crit for 95%=1.96
95% confidence interval for the failure rate of your printer.
p^-z*sqrt(p^*(1-p^)/n),p^+z*sqrt(p^*(1-p^)/n)
0.05-1.96*sqrt(0.05*(1-0.05/1000),0.05+1.96*sqrt(0.05*(1-0.05/1000)
0.03649163, 0.06350837
3.649163,6.350837
Solution-b:
Ho:p=0.01
Ha:p not =0.01
alpha=0.05
z=p^-p/sqrt(p*(1-p)/n)
=(0.05-0.01)/sqrt(0.01*(1-0.01)/1000)
z=12.71283
test statistic,z=12.71283
p value in excel
=2*(=NORM.S.DIST(-12.71283,TRUE))
=5.01848E-37
P=0.000
p<0.05
Reject Ho
Accept Ha
Conclusion:There is sufficient statistical evidence at 5% level of significance to support the claim that
failure rate of your printer different than that of the manufactures
Solution-c:
Ho:p=0.01
Ha:p>0.01
alpha=0.05
z=p^-p/sqrt(p*(1-p)/n)
=(0.05-0.01)/sqrt(0.01*(1-0.01)/1000)
z=12.71283
p value right tail
==NORM.S.DIST(-12.71283,TRUE)
2.50924E-37
p=0.0000
p<0.05
Reject Ho
Accept Ha
Conclusion:
There is sufficient statistical evidence at 5% level of significance to conclude that failure rate of your printer greater than that of the manufactures