Question

In: Statistics and Probability

The manufacturer of a new line of ink-jet printers would like to include as part of...

The manufacturer of a new line of ink-jet printers would like to include as part of its advertising the number of pages a user can expect from a print cartridge. The results from a sample of 14 cartridges can be found in the Excel test data file. Numbers are

1924
1518
1641
2358
1305
1272
2207
1580
1958
1069
1207
1453
1940
1331
  1. What are the point estimates for the population mean and population standard deviation?
  2. Develop a 95% interval for the population mean.
  3. If the point estimate of the population mean and standard deviations are accurate, what is the probability that another sample of 14 cartridges will last an average of more than 1750 pages?

Solutions

Expert Solution

Solution-:

By using R-softyware:

> x=c(1921,1518,1641,2358,1305,1272,2207,1580,1958,1069,1207,1453,1940,1331);x
[1] 1921 1518 1641 2358 1305 1272 2207 1580 1958 1069 1207 1453 1940 1331
> mean=mean(x);mean # Sample mean
[1] 1625.714
> sqr=var(x);sqr # sample variance
[1] 154950.4
> s=sqrt(sqr);s # sample standard devation
[1] 393.6374
> s=sqrt(sqr);s
[1] 393.6374

> n=14
> var=((n-1)/n)*sqr;var # Population variance
[1] 143882.5
> sqrt(var)   # Population standard devation
[1] 379.3185

(a) The point estimates for the population mean is  

And The point estimates for the population population standard deviation is

(b) The 95% C.I. for population mean is,

Here,

Therefore, the required C.I. is

(c) We find  the probability [ another sample of 14 cartridges will last an average of more than 1750 pages]

  

  

From Normal Integral table

Therefore, the probability that another sample of 14 cartridges will last an average of more than 1750 pages is 0.1094


Related Solutions

The manufacturer of a new line of ink-jet printers would like to include as part of...
The manufacturer of a new line of ink-jet printers would like to include as part of its advertising the number of pages a user can expect from a print cartridge. The results from a sample of 14 cartridges can be found in the Excel test data file. What are the point estimates for the population mean and population standard deviation? ____________________________________________________________ Develop a 95% interval for the population mean. ____________________________________________________________ If the point estimate of the population mean and standard...
The manufacturer of a new line of ink-jet printers would like to include as part of...
The manufacturer of a new line of ink-jet printers would like to include as part of its advertising the number of pages a user can expect from a print cartridge. The results from a sample of 14 cartridges can be found here 1168 2265 1346 1814 1286 1611 1083 1216 2028 1498 2411 1145 1708 1685 a. what is the point estimate of the population mean and standard deviation? b. develop a 90% interval for the population mean c. if...
PrintTech, Inc. is introducing a new line of ink-jet printers and would like to promote the...
PrintTech, Inc. is introducing a new line of ink-jet printers and would like to promote the number of pages a user can expect from a print cartridge. A sample of 10 cartridges revealed the following number of pages printed. (Use t Distribution Table.) 2,983 3,096 2,510 2,559 2,559 2,622 2,537 2,485 3,236 2,758 picture Click here for the Excel Data File What is the point estimate of the population mean? (Round your answer to 2 decimal places.) Develop a 98%...
Production Scheduling: New jet, Inc. manufactures inkjet printers and laser printers. The company has the capacity...
Production Scheduling: New jet, Inc. manufactures inkjet printers and laser printers. The company has the capacity to make 70 printers per day, and it has 120 hours of labor per day available. It takes 1 hour to make an inkjet printer and 3 hours to make a laser printer. The profits are $40 per inkjet printer and $60 per laser printer. Find the number of each type of printer that should be made to give maximum profit and find the...
A manufacturer of computer printers purchases plastic ink cartridges from a vendor. When a large shipment...
A manufacturer of computer printers purchases plastic ink cartridges from a vendor. When a large shipment is received, a random sample of 225 cartridges is selected, and each cartridge is inspected. If the sample proportion of defective cartridges is more than 0.02, the entire shipment is returned to the vendor. (a) What is the approximate probability that a shipment will be returned if the true proportion of defective cartridges in the shipment is 0.06? (Round your answer to four decimal...
Part 1: Capital Budgeting Analysis Adams, Incorporated would like to add a new line of business...
Part 1: Capital Budgeting Analysis Adams, Incorporated would like to add a new line of business to its existing retail business. The new line of business will be the manufacturing and distribution of animal feeds. This is a major capital project. Adams, Incorporated is aware you an in an MBA program and would like you to help analysis the viability of this major business venture based on the following information: • The production line would be set up in an...
In your first assignment as a new engineer at a large jet engine manufacturer, you are...
In your first assignment as a new engineer at a large jet engine manufacturer, you are part of a team investigating a new generation of lightweight turbine engines for regional jet liners. In order to increase efficiencies and improve performance, lightweight materials with significant toughness are needed. However, the operating conditions include high temperatures and high stresses. Of the three categories of composites, which one would you select for further investigation in an engine inlet application where temperatures in the...
As part of a research program for a new cholesterol​ drug, a pharmaceutical company would like...
As part of a research program for a new cholesterol​ drug, a pharmaceutical company would like to investigate the relationship between the ages and LDL​ (low-density lipoprotein) cholesterol of men. The accompanying data set shows the ages and LDL cholesterol levels of seven randomly selected men. Construct a​ 95% prediction interval to estimate the LDL cholesterol level of a 28​-year-old man. Age 24 37 27 31 42 32 42 Cholesterol 141 178 160 199 158 142 205 Determine the upper...
As part of a research program for a new cholesterol​ drug, a pharmaceutical company would like...
As part of a research program for a new cholesterol​ drug, a pharmaceutical company would like to investigate the relationship between the ages and LDL​ (low-density lipoprotein) cholesterol of men. The accompanying data set shows the ages and LDL cholesterol levels of seven randomly selected men. Construct a​ 95% prediction interval to estimate the LDL cholesterol level of a 25​-year-old man. Click the icon to view the data table. Age: 22 37 26 32 41 31 40 Cholesterol: 144 177...
As part of a research program for a new cholesterol drug, a pharmaceutical company would like...
As part of a research program for a new cholesterol drug, a pharmaceutical company would like to investigate the relationship between the ages and LDL (low-density lipoprotein) cholesterol of men. The accompanying data set shows the ages and LDL cholesterol levels of seven randomly selected men. Construct a 95% prediction interval to estimate the LDL cholesterol level of a 25 year old man. Age | 24 38 26 32 43 30 41 Cholesterol | 141 175 155 197 158 144...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT