Solution-Confidence interval estimate for mean production

Confidence interval estimate for mean production rate

Assignment Help Basic Statistics

Reference no: EM131044783

In testing of a new production method, 18 employees were randomly selected and asked to try the new method. The sample mean production rate for the 18 employees was 80 parts per hour. The sample standard deviation was 10 parts per hour. Construct the 90% confidence interval estimate for the mean production rate for the new method.

Reference no: EM131044783

Questions Cloud

Probability of committing a type ii error : For a given test on whether the man has a heart attack, the probability of committing a Type II error is: P (The hospital does not admit him as a heart attack patient| The man has a heart attack).

Evaluate the various persuasive forms of leadership : Describe the difference between public and private sector leadership. Evaluate the various persuasive forms of leadership. Describe the various ways a leader might be persuasive and facilitate change.

Formulate the problem and characterize its solution : Consider a modification to (11.43) where you do not penalize the constant. Formulate the problem, and characterize its solution.

Four-year project to improve production efficiency : CSM Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $502,000 is estimated to result in $201,000 in annual pretax cost savings. The press falls in the MACRS five-year class (MACRS Ta..

Confidence interval estimate for mean production rate : The sample mean production rate for the 18 employees was 80 parts per hour. The sample standard deviation was 10 parts per hour. Construct the 90% confidence interval estimate for the mean production rate for the new method.

Analyst following both cinnamon and cambridge : Cinnamon, Inc. is a diversified manufacturing company headquartered in the United Kingdom. It complies with IFRS. In 2009, Cinnamon held a 19 percent passive equity ownership interest in Cambridge Processing that was classified as available-for-sa..

Develop a scatter diagram : a. Develop a scatter diagram. b. Show correlation at the 0.05 significance level. c. Develop the regression line for the data. d. Add the regression line to your scatter diagram.

What are some benefits and drawbacks of the expository : What are some benefits and drawbacks of the expository, guided inquiry, and free discovery teaching methodologies? Discuss.

Generate data in two classes with two features : Tangent distance nearest-neighbors. In each case choose the number of neighbors by tenfold cross-validation. Compare the results.

User Account

All Pages

Confidence interval estimate for mean production rate

Reference no: EM131044783

Reference no: EM131044783

Questions Cloud

Reviews

Write a Review

Basic Statistics Questions & Answers

Statistics-probability assignment

What is the least number

Determine the value of k

What is the probability

Binomial distributions

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

Generate descriptive statistics

Sampling variability and standard error

Estimate the population mean

Conduct a marketing experiment

Find out the probability

Linear programming models

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT