Calculate why setting the machine mean

Assignment Help Basic Statistics
Reference no: EM132851094

A vending machine company wants to keep customers satisfied yet safe. So they have decided to hire you as a statistical consultant. They provide you with the following summary of important facts about the vending machine:

-Cups will hold 8 ounces.

-The amount of liquid dispensed varies according to a Normal distribution centered at the mean μ that is set in the machine.

-σ = 0.2 ounces1) If a cup contains too much liquid, a customer may get burned from a spill. This could result in an expensive lawsuit for the company. Use your stats knowledge to calculate why setting the machine's mean at 7.0 ounces might be smarter than setting it at 7.5 ounces

2) Customers may be irritated if they get a cup with too little liquid from the machine. At what value (to the hundredth) should the machine's mean be set to ensure that 90% of cups contain at least 7 ounces?

3) Given the issues raised in the previous 2 questions (overflowing/burning & underfilling/unsatisfied), what mean setting for the machine would you recommend? You should not be using the same mean values as the previous 2 questions, show your calculations.

Reference no: EM132851094

Questions Cloud

Find the indicated probability for number of correct answer : Find the indicated probability for the number of correct answers.
Relative standard deviation of the mean : Replicate samples of a silver alloy are analyzed and determined to contain 95.67, 95.61, 95.71, and 95.60% Ag.
Compute the optimal transfer price : The company operates a land?ll, which it uses to dispose of nonhazardous trash. Compute the optimal transfer price
Attempt to put together a comparison for a new property : A real estate agent has surveyed houses in several nearby zip codes in an attempt to put together a comparison for a new property
Calculate why setting the machine mean : The amount of liquid dispensed varies according to a Normal distribution centered at the mean µ that is set in the machine.
Exploitation of workers in garment factories : a) How does globalization contribute to the exploitation of workers in garment factories?"
What is the probability of finding exactly 4 left-handers : a) In a class of 32 students, what is the probability of finding exactly 4 left-handers?
Predict life expectancy is important for insurance : Identifying variables that can be used to predict life expectancy is important for insurance companies, economists, and policymakers.
Keep a schedule for comparing the cost of investing : Serena's company declared no dividends during this period. Keep a schedule for comparing the cost of investing to the book value of the equity earned

Reviews

Write a Review

Basic Statistics Questions & Answers

  Probability snowball not strike anything else while falling

The snowball strikes the ground if it doesn't strike anything else while falling? (b) A man 1.9 m tall is standing 4 m from the edge of the barn. Will the snowball hit him?

  The distribution function of the random variable

With reference to Exercise 85, find the distribution function of the random variable X and plot its graph. Use the distribution function of X to find

  Determining the particular type of soil

A building code's requirements are that a particular type of foundation can be used only if a particular type of soil exists below the site

  Countless videos on youtube and understand

This is one of my discussion questions, I have completed over 3/4 of the work in labs but I cannot figure out where to start. I have watched countless

  What is the decision rule negative amount should be

chicken delight claims that 83 percent of its orders are delivered within 10 minutes of the time the order is placed. a

  Express courier service has found that the delivery time

express courier service has found that the delivery time for packages is normally distributed with mean 14 hours and

  Using the scenario above identify the sample error and

the piron software company currently develops marketing software for primarily service-based organizations. they

  How many different ways are there to assign the jobs

A software development company has three jobs to do. Two of the jobs require three programmers, and the other requires four.

  Determining p-values and confidence intervals

Construct a 95% confidence interval for the proportion of votes that Jefferson will receive, and make a conclusion about Jefferson winning election.

  Number of matches obtained by distributing m balls

The number of matches approximately obeys a Poisson probability law. Consider the number of matches obtained by distributing M balls, numbered

  Make the alternative hypothesis one-sided

Is it acceptable practice to look at your research results, note the direction of the difference, and then make the alternative hypothesis.

  Equivalent to ?tting the decision tree without bagging

Suppose we ?t a decision tree using bagging with B bootstrapped training sets. For each of the following

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