Question

In: Statistics and Probability

The average worker at Acme Labs produces 24 widgets per hour, with a standard deviation of...

The average worker at Acme Labs produces 24 widgets per hour, with a standard deviation of 8 widgets. You have invented a new production process, and you hypothesize that your new process will help workers produce more widgets per hour. After implementing the new production process, you take a sample of workers and measure how many widgets they produce per hour.

a) (2 points) What are the null and alternative hypotheses, in symbols?

b) (2 points) What are the null and alternative hypotheses, in words?

c) (5 points) The average number of widgets produced per hour by a sample of 80 workers turns out to be 26. Calculate the test statistic for this hypothesis test and find the p-value.

d) (4 points) At an alpha level of .05, do we have evidence that the new production process really increases productivity? Explain your reasoning.

Solutions

Expert Solution



Related Solutions

The average worker at Acme Labs produces 24 widgets per hour, with a standard deviation of...
The average worker at Acme Labs produces 24 widgets per hour, with a standard deviation of 8 widgets. You have invented a new production process, and you hypothesize that your new process will help workers produce more widgets per hour. After implementing the new production process, you take a sample of workers and measure how many widgets they produce per hour. a) What are the null and alternative hypotheses, in symbols? b) (2 points) What are the null and alternative...
The average number of sales at a car dealership is 24 with a standard deviation of...
The average number of sales at a car dealership is 24 with a standard deviation of 5. A week ago, you were promoted to manager. Over this week (seven days), the average number of sales has dipped to 20. Your boss says he is coming by tomorrow to check out how you have been doing. You know that your boss has a rule where he will fire any manager if the average number of sales is statistically lower than 24...
Pairs of Red Socks per Worker per Hour (RS) Pairs of White Socks per Worker per...
Pairs of Red Socks per Worker per Hour (RS) Pairs of White Socks per Worker per Hour (WS) Manchester 3 3 Arsenal 2 1 The above table describes the Production Possibility Frontier (PPF) of two cities in the country of footballia. 1. Without trade, what is the price of white socks in terms of red socks in Manchester and in Arsenal? 2. Which city has an absolute advantage in the production of each color sock? Which city has a comparative...
A company pays its employees an average wage of $3.25/hour with a standard deviation of $0.60....
A company pays its employees an average wage of $3.25/hour with a standard deviation of $0.60. If the wages are approximately normally distributed, determine: [5x4=20pts] …graph a normal curve in all 4 parts. a. The probability that randomly chosen worker has the hourly wage less than $3. b. the proportion of the workers getting wages between $2.75 and $3.69 an hour c. the minimum wage of the highest 8% of all workers.
The average rent in a city is $1500 per month with a standard deviation of $250....
The average rent in a city is $1500 per month with a standard deviation of $250. Assume rent follows the normal distribution. Use the empirical rule to answer the following questions. a. what percentage of rents are between 1250 and 1750? b. what percentage of rents are less than 1250? c. what percentage of rents are greater than 2000?
The average rent in a city is $1,440 per month with a standard deviation of $340....
The average rent in a city is $1,440 per month with a standard deviation of $340. Assume rent follows the normal distribution. a. What percentage of rents are between $760 and $2,120? What percentage of rents are less than $760? c. What percentage of rents are greater than $2,460?
The average rent in a city is $1,440 per month with a standard deviation of $340....
The average rent in a city is $1,440 per month with a standard deviation of $340. Assume rent follows the normal distribution. a. What percentage of rents are between $760 and $2,120? What percentage of rents are less than $760? c. What percentage of rents are greater than $2,460?
The average salary of merchandisers is $54,000 per year with a standard deviation of $6000. a....
The average salary of merchandisers is $54,000 per year with a standard deviation of $6000. a. What is the probability that a merchandiser earns more than $66,000 per year? (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.) Probability 0.5228 b. What is the probability that a merchandiser earns less than $42,000 per year? (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.) Probability 0.5228 c. What is...
The average salary of merchandisers is $41,000 per year with a standard deviation of $7000.   ...
The average salary of merchandisers is $41,000 per year with a standard deviation of $7000.    a. What is the probability that a merchandiser earns more than $59,000 per year? (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.) Probability b. What is the probability that a merchandiser earns less than $22,000 per year? (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.) Probability c. What is the...
Paradise Corp. has determined a standard labor cost per unit of $24 (0.50 hour × $48...
Paradise Corp. has determined a standard labor cost per unit of $24 (0.50 hour × $48 per hour). Last month, Paradise incurred 974 direct labor hours for which it paid $25,811. The company produced and sold 2,550 units during the month. Calculate the direct labor rate, efficiency, and spending variances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Round your intermediate calculations to 2 decimal places.)
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT