Average daily output

Assignment Help Basic Statistics
Reference no: EM131960849

1. A manufacturer of television picture tubes has a production line that used to produce an average of 100 tubes per day. Because of new government a regulation, a new safety device is installed, which the manufacturer believes will reduce average daily output. After installation of the safety device, a random sample of 15 days' production was recorded, as follows:

93, 103, 98, 101, 93, 107, 96, 94, 101, 88, 98, 94, 101, 92, 96

Assuming that the daily output is normally distributed, is there sufficient evidence to allow the manufacturer to conclude that average daily output has decreased following installation of the safety device? (Use a significance level of 0.05).

a. State the null and alternative hypothesis that best tests the hypothesis of interest. Be sure to pay attention to whether this should be a 1-tailed or a 2-tailed test.

b. Carry out this test, and state whether you reject or fail to reject the null hypothesis. In computing the test statistic, be sure to indicate whether you are using "t" or "z". Use the precise critical value of the "t" or "z" you use, not an approximation.  

c. Given your answer to part b., are you vulnerable to a Type I or Type II error? Explain why, in a single sentence.

Reference no: EM131960849

Questions Cloud

Calculate the p-value : Calculate the p-value. Round your answer to four decimal places. p=
Calculate the predetermined overhead rate for the year : Calculate the predetermined overhead rate for the year. Calculate the overhead applied to production in December.
Show the cash flows for each year : You are considering the replacement of a machine which has a current book value of $55,000 and market value of $62,000. The machine is expected to last another.
Best tests the hypothesis of interest : State the null and alternative hypothesis that best tests the hypothesis of interest. Be sure to pay attention to whether this should be a 1-tailed or a 2-taile
Average daily output : which the manufacturer believes will reduce average daily output. After installation of the safety device, a random sample of 15 days
What is the net income of the project in each year : You are considering a new 3-year project that requires an initial fixed asset investment of $1.5 million. The fixed asset will be depreciated straight-line.
How many ways can the waiter arrange the drinks : a. How many ways can the waiter arrange the drinks in front of the people?
Preapre the necessary december thirty first : Preapre the necessary December 31, 2016, adjusting entries: On April 1, 2016, the company paid 6,960 for a two year insurance policy and debited entire amount.
What is the npv at a given discount rate : We are considering the purchase of a $350,000 computer-based inventory management system. It will be depreciated straight-line to zero over its five-year life.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd