Question

In: Statistics and Probability

3. You wish to show that the wood stain your company has developed has a drying...

3. You wish to show that the wood stain your company has developed has a drying time
under 180 minutes. You can assume that drying times are normally distributed, and it is known that ? = 25. You take a sample of 22 drying times and collect the following sample data: ? = 172, ? = 24.8.
a. Perform a hypothesis test at the 0.05 level to see if the drying time is under 180 minutes. Make sure to include your hypotheses, your test stat, either a p-value or critical value(s), and your conclusion.
b. What is the probability of a Type II error if μ is actually equal to 175?

Solutions

Expert Solution

(a)

Conclusion: There is not sufficient evidence to conclude that the drying time is under 180 minutes.

(b)

Answer: type II error = 0.7611

-----------------------------------------------------------------------------


Related Solutions

You are a manager at a pharmaceutical company, and one of your scientists has developed a...
You are a manager at a pharmaceutical company, and one of your scientists has developed a new statin that has no side effects. The initial cost to launch the drug will be $1,000,000. The revenue is projected to be produced according to one of two timelines, based on marketing. The first timeline has revenues of $100,000, $300,000, and $900,000 in years 1, 2, and 3, respectively. The second timeline has revenues of $900,000, $300,000, and $100,000 in years 1, 2,...
You are a business owner and your company has grown so much that you now wish...
You are a business owner and your company has grown so much that you now wish to purchase a piece of property to build an office building. You found a nice property outside of the city. What are some steps you should take to ensure you can go through with your land/building project? What resources would you use?
QUESTION III. 20 MARKS           The Chang Manufacturing Company makes wood-finishing stain and uses the FIFO method...
QUESTION III. 20 MARKS           The Chang Manufacturing Company makes wood-finishing stain and uses the FIFO method of process costing for its stain manufacturing activity. The production of stain begins with the blending of various chemicals and ends with the canning of the stain. Canning occurs when the mixture reaches the 90% stage of completion. After canning, the cans are transferred to the shipping department. Here the cans are crated and shipped to various customers. Conversion costs are added uniformly throughout...
QD Corporation makes paints known for their quality and quick drying features. QD has developed a...
QD Corporation makes paints known for their quality and quick drying features. QD has developed a new wall paint code named Mickey that it is testing in a controlled environment. The firm is testing for drying time of the paint. Drying time is affected by factors like humidity, air pollution, ventilation and temperature. The test results show that the drying time of Mickey is normally distributed with a mean of 10 hours and a standard deviation of 1.8 hours. Compute...
Suppose you have developed a coronavirus vaccine and wish to verify that it is effective in...
Suppose you have developed a coronavirus vaccine and wish to verify that it is effective in reducing the probability of being infected with the disease. You obtain two random samples. The control group of 90 people is given a placebo, and after 1 year, 8 of them had been infected. The experimental group received the vaccine. Of the 300 people in the experimental group, 8 of them had been infected after 1 year. (SHOW WORK!) The alternative hypothesis for this...
After completing your degree you are hired by a world-leading drug company that has developed a...
After completing your degree you are hired by a world-leading drug company that has developed a new drug called EX-factor that enhances basal (resting) levels of fatty acid oxidation in skeletal muscle. EX-factor has undergone extensive safety testing and there are no reported side effects. It has been shown to “boost” the amount of fatty acids that are completely oxidized in skeletal muscle by ~30% at rest and is therefore being touted as “exercise in a pill”. The company has...
On a game show, a contestant has to match a price with a prize they wish...
On a game show, a contestant has to match a price with a prize they wish to win. The prizes are a sports car and a boat. Of the four different price options, one is the price for the sports car, one is the price for the boat and two prices are incorrect. The contestant chooses one prize and matches it up with one price. Create a probability tree that shows all possible selections the contestant can make and calculate...
3. A paint manufacturing company claims that the mean drying time for its paints is not...
3. A paint manufacturing company claims that the mean drying time for its paints is not longer than 60 minutes. A random sample of 20 gallons of paints selected from the production line of this company showed that the mean drying time for this sample is 63.50 minutes with a sample standard deviation of 4 min utes. Assume that the drying times for these paints have a normal distribution. Test the claim that the mean drying time for its paints...
Alvis Construction Supply Company has a department that manufactures wood trusses (wood frames used in the...
Alvis Construction Supply Company has a department that manufactures wood trusses (wood frames used in the construction industry). The following information is for the production of these trusses for the month of February: Work-in-process inventory, February 1 4,700 trusses Direct materials: 100% complete $ 11,180 Conversion: 40% complete $ 15,958 Units started during February 18,700 trusses Units completed during February and transferred out 17,700 trusses Work-in-process inventory, February 29 Direct materials: 100% complete Conversion: 20% complete Costs incurred during February...
Alvis Construction Supply Company has a department that manufactures wood trusses (wood frames used in the...
Alvis Construction Supply Company has a department that manufactures wood trusses (wood frames used in the construction industry). The following information is for the production of these trusses for the month of February: Work-in-process inventory, February 1 3,300 trusses Direct materials: 100% complete $ 10,380 Conversion: 30% complete $ 15,158 Units started during February 17,900 trusses Units completed during February and transferred out 16,900 trusses Work-in-process inventory, February 29 Direct materials: 100% complete Conversion: 30% complete Costs incurred during February...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT