Question

In: Math

11. A manufacturing company produced the following number of units in the last 16 days: 27...

11. A manufacturing company produced the following number of units in the last 16 days: 27 28 27 28 27 25 25 28 26 28 26 28 31 30 27 26 (e) How many classes would you recommend? Explain. (f) What class interval do you suggest? Explain. (g) What lower limit would you recommend for the first class? Explain. (h) Organize the information into a frequency distribution and determine the relative frequency distribution. You can do this either by hand or in Excel.

Solutions

Expert Solution

(e)

Number of classes = 7

EXPLANATION: The given data contains only numbers: 25,26,27,28,30,31. Since 29 does not occur, we can provide 0 frequency for 29. Thus weare having 7 classes.

(f) Class interval = 1

EXPLANATION: The difference of the various numbers 26 - 25 = 27 - 26 = 28 - 27 = 29 - 28 = 30 - 29 = 31 -30 = 1

(g Lower limit for the first class = 24.5

EXPLANATION: Lowest value in the data set = 25. All the data points are integers. So, in order avoid overlapping of the varous classes, thelower limit for the firstclass is 24.5

(f) The given raw data is formed as a Frequency Distribution as follows:

FREQUENCY DISTRIBUTION:

Class Interval Frequency
24.5 - 25.5 2
25.5 - 26.5 3
26.5 - 27.5 4
27.5 - 28.5 5
28.5 - 29.5 0
29.5 - 30.5 1
30.5 - 31.5 1
Total = N = 16

From the above Frequency Distribution Relative Frequency Distribution is got as follows:

RELATIVE FREQUENCY DISTRIBUTION:

Class Interval Frequency
24.5 - 25.5 2/16 = 0.1250
25.5 - 26.5 3/16 =0.1875
26.5 - 27.5 4/16 = 0.2500
27.5 - 28.5 5/16=0.3125
28.5 - 29.5 0
29.5 - 30.5 1/16=0.0625
30.5 - 31.5 1/16=0.0625
Total = 1

milcah answered 1 year ago
Next > < Previous

Related Solutions

consider the following data for two products of gitano manufacturing number id units produced product a...
consider the following data for two products of gitano manufacturing number id units produced product a 11,500 units product b 1300 units direct labor cost (@ $27 per DLH) product a 0.14 DLH per unit product b 0.28 DLH per unit direct materials cost product a $2 per unit product b $2.50 per unit machine setup overhead costs $51,176 materials handling $ 55,000 quality control inspections $79,380 total $ 185,556 round to two decimal places 1. use direct labor hours...
G-Force Manufacturing Company had net income of $300,000 in 2017 when the number of units produced...
G-Force Manufacturing Company had net income of $300,000 in 2017 when the number of units produced and sold was 6,000 and data for variable and fixed costs were as follows: Cost Schedule: Variable Costs: Direct Material $35 Direct Labour $30 Variable Manufacturing Overhead $15 Fixed Costs: Manufacturing Overhead $232,000 Advertising 33,000 Administrative 155,000 Required: i) Compute the selling price per unit in 2017, using the equation method. ii) Using the sales price per unit calculated in (i), prepare a contribution...
Number of units produced                           30, 000 Number of units sold      &nbsp
Number of units produced                           30, 000 Number of units sold                                     28,000 Selling price                                                           $20 Beginning inventory                                                 0 Fixed selling and administrative costs      $ 20,000 Fixed manufacturing overhead                  $ 150,000 Direct materials cost per unit                                      2 Direct manufacturing labor                                          6 Variable manufacturing overhead per unit       4 Variable selling expenses per unit                              2 FMOH per unit                                                               5 1.Operating Income under Absorption method is          2.If Sales Revenue $560,000 then Gross Margin under Absorption method is 3.Cost of Goods Sold and Ending inventory under Absorption costing method are: 4.What is...
A manufacturing company is interested in predicting the number of defects that will be produced each...
A manufacturing company is interested in predicting the number of defects that will be produced each hour on the assembly line. The managers believe that there is a relationship between the defect rate and the production rate per hour. The managers believe that they can use production rate to predict the number of defects. The following data were collected for 10 randomly selected hours. Defects (Y) Production rate per hour(X) 2 40 3 45 1 35 2 37 3 40...
A manufacturing company is interested in predicting the number of defects that will be produced each...
A manufacturing company is interested in predicting the number of defects that will be produced each hour on the assembly line. The managers believe that there is a relationship between the defect rate and the production rate per hour. The managers believe that they can use production rate (X) to predict the number of defects (Y). The following data were collected for 4 randomly selected hours. Defects (Y) Production Rate Per Hour (X) 20 400 30 450 10 350 20...
If the number of units produced exceeds the number of units sold, then net operating income...
If the number of units produced exceeds the number of units sold, then net operating income under absorption costing will: be equal to the net operating income under variable costing less total fixed manufacturing costs. be greater than net operating income under variable costing. be equal to the net operating income under variable costing. be equal to the net operating income under variable costing plus total fixed manufacturing costs. . A company produces a single product. Last year, fixed manufacturing...
Frazier Manufacturing Company collected the following production data for the past month: Units Produced Total Cost...
Frazier Manufacturing Company collected the following production data for the past month: Units Produced Total Cost 1,600 $66,000 1,300 57,000 1,500 67,500 1,100 49,500 If the high-low method is used, what is the monthly total cost equation? A. Total cost = $0 + $45/unit B. Total cost = $13,200 + $33/unit C. Total cost = $16,500 + $30/unit D. Total cost = $9,900 + $36/unit I know the answer is $13,200+33/unit. But I do not see how the math is...
Assuming the number of units sold and produced are the same, which of the following statements...
Assuming the number of units sold and produced are the same, which of the following statements is true when comparing net income using absorption and direct costing? a. Absorption costing will yield a higher net income. b. Direct costing will yield a higher net income. c. Net income will be the same under both methods. d. Direct costing will have higher sales revenue. 9.     Assuming that the number of units produced is greater than the number of units sold, which of...
1.  A manufacturing company is interested in predicting the number of defects that will be produced each...
1.  A manufacturing company is interested in predicting the number of defects that will be produced each hour on the assembly line.  The managers believe that there is a relationship between the defect rate and the production rate per hour.  The managers believe that they can use production rate to predict the number of defects.   The following data were collected for 7 randomly selected hours. Defects             Production rate/h 2                      40 3                      45 1                      20 3                      40 5                      50 4                      30 6                      50 Set up a scatter diagram, and discuss what if any...
1.  A manufacturing company is interested in predicting the number of defects that will be produced each...
1.  A manufacturing company is interested in predicting the number of defects that will be produced each hour on the assembly line.  The managers believe that there is a relationship between the defect rate and the production rate per hour.  The managers believe that they can use production rate to predict the number of defects.   The following data were collected for 7 randomly selected hours. Defects             Production rate/h 2                      40 3                      45 1                      20 3                      40 5                      50 4                      30 6                      50 Set up a scatter diagram, and discuss what if any...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT