Forecasting and quality control

Assignment Help Basic Statistics
Reference no: EM1390608

1. A company is producing cylindrical blocks for a children's toy. The average diameter of a block is 3.5 inches. Sixteen blocks are inspected and the diameters are measured. The standard deviation is estimated to be 0.02 inches. What are the 99.7% upper and lower control limits for the x-bar chart?

2. Demand for a particular type of battery fluctuates from one week to the next. A study of the last 6 weeks provides the following demands (in dozens): 4, 5, 3, 2, 8, 10 (last week). (a) Forecast demand for the next week using a 2-week moving average. (b) Forecast demand for the next week using a 3-week moving average.

3. In a four-factor analysis used in a multifactor evaluation process, it is desired to have the F1 importance weight four times as much as the F2 importance weight. The F2 importance weight should be four times as much as the F3 importance weight. The F3 importance weight should be four times as much as the F4 importance weight. Determine the appropriate importance weights of F1 , F2 , F3 , F4 to be used in the multifactor evaluation process. (Hint: Consider numerator factors of 4.)

Reference no: EM1390608

Questions Cloud

Find the dollar weighted yield rate : Find the dollar weighted (simple interest) yield rate and the time weighted yield of the account for this year.
Find direction of chromosome transfer : Assume you have identified a mutant E. coli strain that cannot synthesize histidine. To determine the location of the his- mutation on the E. coli chromosome.
How far out from an axis must force be applied : A novice skier, starting from rest, slides down a frictionless 35 degree incline whose vertical height is 185m. How fast is she going when she reaches the bottom.
Draw a two way anova design plot : Draw a two way ANOVA design plot (the mean plot you draw in class) to discuss whether there seems to be any interaction effects of gender and age.
Forecasting and quality control : A company is producing cylindrical blocks for a children's toy. The average diameter of a block is 3.5 inches. Sixteen blocks are inspected and the diameters are measured.
Explain the mode of inheritance controlling coat color : In cattle, coat color may be white, black, or black and white spotted. When true breeding white cattle are crossed with true-breeding black stock, the F1 is all solid white.
Determine the kinetic energy of the disk : A horizontal 797N merry-go-round is a solid disk of radius 1.53 m, started from rest by a steady horizontal force of 50.4 N applied tangentially to the edge of disk. Determine the kinetic energy of the disk after 3.06 s.
Monthly budget-supporting schedules : The controller of Dash Shoes Inc. instructs you to prepare a monthly cash budget for the next three months. You are presented with the following budget information:
Sketch a free-body diagram of the plank : Sketch a free-body diagram of the plank. How far can a painter of mass 70.0 kg walk on the overhanging part of the plank before it tips.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Expected frequencies and goodness of fit test

A salesperson makes four calls per day. A sample of 100 days gives the following frequencies of sales volumes.

  Probability based on two independent events

A certain airplane has two independent alternators to provide electrical power. The probability that a given alternator will fail on a 1-hour flight is .02. What is the probability that:

  Length of time patron spend at the gymnasium

The manager of a local gymnasium has determined that the length of time patron spend at the gymnasium is normal distributed with mean 80minutes and standard deviation 20 minutes. What is the patrons who spend more than 120 minutes at the gymnasium..

  Drawing the standard normal curve

Drawing the standard normal curve and indicating the area representing the probability and

  Sample standard deviation for the amount of unspent money

Find the sample mean and sample standard deviation for the amount of unspent money returned at the end of the day.

  I want to construct a confidence interval

A radio station wants to know if residents in their area are in favor of a proposed tax increase. They invite listeners to call in to respond to the poll. 645 of the 800 who responded were against the tax.

  Set of hypothesis for testing

To find out whether the course is effective in increasing sales, the appropriate set of hypothesis for testing is:

  Reasonable guideline-significance level

At the .05 significance level, can we conclude that the guideline is still reasonable?

  Probability values based on normal distribution

Probability values based on normal distribution - old exit exam followed a normal distribution

  Major target for advertisements for credit cards

College students are a major target for advertisements for credit cards. At a university, 65% of students surveyed said they had opened a new credit card account within the past year.

  Control limits using x bar chart

Compute the probability of seven consecutive points falling above the centerline given a stable process. Is this probability associated with type I or type II error?

  Tree diagram to show all possible outcomes

Draw a tree diagram to show all possible outcomes of the experiment. Label the probability associated with each stage of the experiment on the appropriate branch.

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