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A quality control manager at factory manufacturing high intensity light bulbs which have relatively short lifetime but maintain their intensity during their lifetime needs to estimate the average life of a light bulb. It is known that the process lifetime is normally distributed and has a standard deviation of 180 hours. A sample of 20 light bulbs gives a mean life of 236 hours.
a. Find a 95% confidence interval for the process mean lifetime and give an interpretation of this interval.
b. What sample size needs to be used if the mean lifetime is to be estimated within an error of plus or minus 24 hours with probability 0.9?
The steps in testing a research hypothesis Comparing the means of two or more groups Calculating the correlation between two variables
Calculate the mean, median, mode, variance, and standard deviation for the numeric data.
Where denotes the usual cross product of vectors. Sow that L is a Lie algebra and determine its structure constants relative to the standard basis for R3.
Select a financial institution and find out what it takes to qualify for a loan. Try to understand the rationale for the institution's rules, policies, and guidelines about loan approval.
Choose a company and use any of the 2 (qualitative or quantitative) research and analysis methods to demonstrate selected perceptions (approved by the faculty) of the company. This project requires you to research, review, and analyze perceptions ..
Looking back at the data examples you have provided in the previous discussion questions on this issue, how might adding confidence intervals help managers accept the results better? Why?
What is the probability that the project will still finish at the originally scheduled completion date and what are the probabilities (in percent).of completing the project in 55 days, 60 days, and 65 days?
use lagranges mean value theorem to determine a point on the curve y vx2 where the tangent is parallel to the chord
Prepare an analysis of the market to present to Bob and his management team on the state of his market as well as any possible opportunities.
Matrix multiplication is distributive. That is, for any four matrices A, B, C and D of appropriate size, the following two matrix multiplication equalities
Every convergent sequence contains either an increasing, or a decreasing subsequence.
Perform the F-test and comment on the overall usefulness of the model Perform t-test for the statistical significance of individual coefficients.
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