Determine the long-run mean performance of the system

Assignment Help Basic Statistics
Reference no: EM131808484

Question: As a basis for a brochure describing the speed of a new computer system, you have measured how long it takes the machine to complete a particular benchmark database program. Since the state of the disks in the database is constantly changing as records are added, changed, and deleted, there is some variation in the test results. Here are times, in minutes, for 14 independent repetitions of this testing procedure:

5, 6, 8, 11, 5, 8, 11, 10, 6, 10, 5, 9, 5, 5

a. Find the two-sided 95% confidence interval and describe its meaning in terms of the long-run mean performance of the system.

b. Find the appropriate one-sided 95% confidence interval, assuming you wish to show off how fast the system is (so that lower numbers are better).

c. Find the appropriate one-sided 90% confidence interval.

d. Find the appropriate one-sided 99% confidence interval.

e. Write a brief paragraph for an advertising brochure describing one (or more) of the preceding results. Be honest, but put your "best foot forward, " and write in simple English. Include a technical footnote, if necessary, so that technically knowledgeable people can tell what you really did.

Reference no: EM131808484

Questions Cloud

Adjusts to changes in productivity growth rate : This problem will ask you to consider in details how the economy in the Solow model adjusts to changes in productivity growth rate.
Discuss a period of intense growth and has decided to retain : What is the market value of this stock if the required rate of return is 12.5 percent
Interpret the standard deviation in words : Interpret the standard deviation in words; in particular, what is it measuring the variability of?
Professional baseball player signs a contract : A professional baseball player signs a contract for $165 million to play with a team for 7 years. He and his team agree that the contract will be spread out
Determine the long-run mean performance of the system : Find the two-sided 95% confidence interval and describe its meaning in terms of the long-run mean performance of the system.
Prepare an internal audit summary report for each weaknesses : Weaknesses of Internal Controls, Recommendations and Best Practices. Prepare an internal audit summary report for each weaknesses or deviations identified.
Profits of the four major networks : The profits of the four major networks (CBS, NBC, ABC and Fox) depend significantly on the ratings of its prime time shows. The higher the ratings
Determine the amount of the annual lease payment : Fair Value of asset $600,000 $400,000 Bargain Purchase Option 0 $50,000 For each situation determine the amount of the annual lease payment
Innovative products that can be done via presentation slides : What are some innovative products that can be done via presentation slides?

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