Question

In: Statistics and Probability

3. Safety Helmets A manufacturer of hard safety hats for construction workers is concerned about the...

3. Safety Helmets A manufacturer of hard safety hats for construction workers is concerned about the mean and the variation of the forces its helmets transmits to wearers when subjected to an external force. The manufacturer has designed the helmets so that the mean force transmitted by the helmets to the workers is 800 pounds (or less) with a standard deviation to be less than 40 pounds. Tests were run on a random sample of n = 40 helmets, and the sample mean and sample standard deviation were found to be 825 pounds and 48.5 pounds, respectively. Do the data provide sufficient evidence, at the α = 0.05 level, to conclude that the population standard deviation exceeds 40 pounds? Hint: We are testing for population variance (single sample). Here, large variance means there is a safety issue. So when we look from the workers’ safety perspective, we would like to see if the variance of force that is transmitted to the workers’ head exceed 402 =1600 pounds. Therefore, the null hypothesis states H0: s2=402 =1600, where the alternative hypothesis states H1: s2 >1600, indicating a right tailed test.

Solutions

Expert Solution


Related Solutions

manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the...
manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the company’s financial statements, including comparing Lydex’s performance to its major competitors. The company’s financial statements for the last two years are as follows: Lydex Company Comparative Balance Sheet This Year Last Year Assets Current assets: Cash $ 1,040,000 $ 1,280,000 Marketable securities 0 300,000 Accounts receivable, net 3,020,000 2,120,000 Inventory 3,680,000 2,300,000 Prepaid expenses 270,000 210,000 Total current assets 8,010,000 6,210,000 Plant and equipment,...
You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets.
You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the company’s financial statements, including comparing Lydex’s performance to its major competitors. The company’s financial statements for the last two years are as follows: Lydex CompanyComparative Balance Sheet   This Year Last Year Assets         Current assets:         Cash $ 1,040,000 $ 1,280,000 Marketable securities  ...
Mini-case study: Two safety and health professionals are debating an issue over lunch. “Hard hats don`t...
Mini-case study: Two safety and health professionals are debating an issue over lunch. “Hard hats don`t really do any good because employees won`t wear them. It`s like dieting. The best diet in the world won`t work if you don`t follow it.” “I don`t agree,” said the second safety professional.” Hard hats have prevented thousands of head injuries. If employees don`t wear them, it`s because managers don`t enforce their own rules.” Points of discussion: Join the debate and express your opinion...
A cookie manufacturer is concerned about whether there is an unacceptably high degree of variability in...
A cookie manufacturer is concerned about whether there is an unacceptably high degree of variability in the amount of chocolate chips that are in its most popular chocolate chip cookie. A sample of 15 cookies from the production line was collected so that a 99% confidence interval for the variance could be constructed. The sample variance was 16. Take all calculations toward the answer to three (3) decimal places, and report your answer to two (2) decimal places, without units....
Many proponents of environmental safety and public health are concerned about the creation, spread, and potential...
Many proponents of environmental safety and public health are concerned about the creation, spread, and potential impact of genetically modified foods. The United States, Canada, and Argentina are some of the leading producers of genetically modified foods made from bioengineered organisms (GMOs). The U.S. government believes that GMOs are important for the world’s food supply because they can boost food production and nutrition and lead to both disease-resistant crops and better-tasting foods. Many respected scientific studies vouch for the safety...
A construction company has 3 categories of casual workers. Category A,B and C. Workers in categories...
A construction company has 3 categories of casual workers. Category A,B and C. Workers in categories A are paid 1000 per day for first 25 days, you are paid 800 per day for less than 25 days, any extra day after 25th you are paid 1200 per day. In categorie B you are paid 800 per day if you work for 25 days otherwise you are paid 600 per day if you work for less than 25 days . 1000...
A construction company has 3 categories of casual workers. Category A,B and C. Workers in categories...
A construction company has 3 categories of casual workers. Category A,B and C. Workers in categories A are paid 1000 per day for first 25 days, you are paid 800 per day for less than 25 days, any extra day after 25th you are paid 1200 per day. In categorie B you are paid 800 per day if you work for 25 days otherwise you are paid 600 per day if you work for less than 25 days . 1000...
A construction company has 3 categories of casual workers. Category A,B and C. Workers in categories...
A construction company has 3 categories of casual workers. Category A,B and C. Workers in categories A are paid 1000 per day for first 25 days, you are paid 800 per day for less than 25 days, any extra day after 25th you are paid 1200 per day. In categorie B you are paid 800 per day if you work for 25 days otherwise you are paid 600 per day if you work for less than 25 days . 1000...
There was little communication back to workers if consultation about health and safety issues did occur,...
There was little communication back to workers if consultation about health and safety issues did occur, what are the factors, action to be taken, the person responsible, additional factors, date and KPI's ??
3. The market for construction workers is as follows. Labor demand = 400 – 2W Labor...
3. The market for construction workers is as follows. Labor demand = 400 – 2W Labor supply = 10 + 4W W = wage rate in dollars Marginal expense of labor MEL = 2 + L/2 Marginal value product of Labor MVPL = 200 – L/2 3a. If a monoposony is now the only firm in the city hiring workers, how many workers are hired and what is their wage rate? 3b. If the city charges the monopsony $0.50 extra...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT