Best estimate of the population mean displacement

Assignment Help Business Management
Reference no: EM132861586

You own a firm which places logos on jerseys, and you have grown suspicious that one of your logo machines is not centering the logo properly. You commission a study to measure how far (in centimeters) from "dead center" the average logo is being placed by this machine.

A simple random sample of jerseys is selected for study; the displacement (in centimeters) of the logo from "dead center" on each jersey in the sample is accurately measured and recorded in a data file named Jerseys.txt. Each record in this file corresponds to one jersey, and the displacement (in centimeters) of the jersey's logo has been recorded in columns 1-5. (Note that this number cannot be negative.)

Based on these data, and using only Excel, please answer the following questions:

-The best estimate of the population mean displacement is .
-The best estimate of the population standard deviation of the displacement is .
-The best estimate of the standard error of the sample mean displacement is .
-The lower bound of a 95% confidence interval for the mean displacement (based on the
-Empirical Rule) is .
-The upper bound of a 95% confidence interval for the mean displacement (based on the
-Empirical Rule) is .
-If the machine's specifications say that the average displacement may be as large as
-.95cm, is there convincing evidence that the machine is malfunctioning? (No/Yes) Why/Why not?

Reference no: EM132861586

Questions Cloud

What is opinion of gap international : What is your opinion of Gap International's having a code of conduct for its suppliers? What would Milton Friedman say?
Can employing child labour ever be ethical : Analyse in accordance with utilitarian, deontological and relative ethical theories - Applying ethical theories
Identify the intensity of rivalry : Identify the Intensity of Rivalry among NIKE and its competitors as per the information presented in the case with proper justifications.
Compare the industry external environment : The physical office supply stores industry has been struggling for the past years. Here are some stylized facts:
Best estimate of the population mean displacement : You own a firm which places logos on jerseys, and you have grown suspicious that one of your logo machines is not centering the logo properly.
Testing a macro before deployment : What precautions might you take to ensure consistency across platforms for end users?
What are the distinctive features of an intangible asset : What attributes must something possess in order to be defined as an asset? Why? What are the asset recognition rules? (Applying the principles in the 2018
Ethics and corporate social responsibility : Under what conditions is it ethically defensible to outsource production to the developing world where labor costs are lower when such actions also involve layi
International convention on civil aviation : Annex 14 and the International Convention on Civil Aviation (ICAO) state that the airport design must comply with a detailed set of physical standards

Reviews

Write a Review

Business Management Questions & Answers

  Describe any recommendations for improvement

Must include a separate references page that is formatted according to APA style.

  Procedures are something lawmakers should address

Do you think grievance procedures are something lawmakers should address? Or are they something that should remain between employees, their unions, and their employers? Justify your answer.

  Self-actualization

what is happening is they have come to a deep understanding of themselves and what motivates them and they rise above it and what are your thoughts

  What helps me understand that wallmart failed in south korea

What helps me understand that Wallmart failed in South Korea? What are the evidence that shows that South Korea was not a good market for Wal-Mart?

  Calculate the value of a recently deceased person

What is the formula used to calculate the value of a recently deceased person using the human capital approach, with a discount rate of 5%?

  Describe the principal characteristics of business cultures

Describe and analyse the principal characteristics of the business cultures in Latin America. Analyze Chile´s relations with its main Latin American partners.

  Type of employer-employee compact

What implications does this type of employer-employee compact raise for you as a future white-collar worker?

  Relationship between behavioral lifestyle choices

Choose a scholarly article on a Population Health Model within the last 5 years. discuss the relationship between behavioral lifestyle choices

  What are additional saas hr concerns

What are additional SaaS HR concerns most companies have?

  Describe how components of the hawthorne study

Describe how the components of the Hawthorne study are incorporated in current human resource functions.

  If an individual is unhappy about his or her organizational

If an individual is unhappy about his or her organizational culture, what should the organization and the individual do to make it better? Please explain.

  Specific strengths and weaknesses of branco

Evaluate Branco's performance as a major supplier. Justify your assessment noting specific strengths and weaknesses of Branco's performance.

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