Interest to the furniture manufacturer

Assignment Help Basic Statistics
Reference no: EM131010220

To assemble a piece of furniture, a wood peg must be inserted into a predrilled hole. Suppose that the diameter of a randomly selected peg is a random variable with mean 0.25 inch and standard deviation 0.006 inch and that the diameter of a randomly selected hole is a random variable with mean 0.253 inch and standard deviation 0.002 inch. Let x1 5 peg diameter, and let x2 5 denote hole diameter.

a. Why would the random variable y, defined as 5 x2 2 x1, be of interest to the furniture manufacturer?

b. What is the mean value of the random variable y?

c. Assuming that x1 and x2 are independent, what is the standard deviation of y?

d. Is it reasonable to think that x1 and x2 are independent? Explain.

e. Based on your answers to Parts (b) and (c), do you think that finding a peg that is too big to fit in the predrilled hole would be a relatively common or a relatively rare occurrence? Explain.

Reference no: EM131010220

Questions Cloud

Mean and standard deviation : The article indicated that 500 FBI agents were required to take a polygraph test. Consider the random variable x = number of the 500 tested who fail. If all 500 agents tested are trustworthy, what are the mean and standard deviation of x?
Is it reasonable to conclude that watching oprah causes : Based on a survey conducted on the DietSmart.com web site, investigators concluded that women who regu- larly watched Oprah were only one-seventh as likely to crave fattening foods as those who watched other daytime talk shows (San Luis Obispo Tr..
National cyber security alliance : In a press release dated October 2, 2008, The National Cyber Security Alliance reported that approxi- mately 80% of adult Americans who own a computer claim to have a firewall installed on their computer to prevent hackers from stealing personal i..
Compute the mean and standard deviation : a. Compute the mean and standard deviation of x. b. Compute the mean and standard deviation of y. c. Compute the mean and variance of the total amount of money collected in tolls from cars.
Interest to the furniture manufacturer : Why would the random variable y, defined as y 5 x2 2 x1, be of interest to the furniture manufacturer? What is the mean value of the random variable y? Assuming that x1 and x2 are independent, what is the standard deviation of y?
Discuss the four components of cultural encapsulation : Identify and briefly discuss the four components of cultural encapsulation. Identify which one would be most difficult for you to overcome, why
Find the variance and standard deviation : a. Find the mean value of x (the mean number of systems sold). b. Find the variance and standard deviation of x. How would you interpret these values? c. What is the probability that the number of systems sold is within 1 standard deviation of its me..
What is happening in the markets today : Relate your thoughts to the fundamental "valuation" concepts discussed in the readings for bonds and stocks.
Analyse the effectiveness of change management : Develop a critical awareness of current factors affecting leading and managing people and to demonstrate how effective policies can add value to the business strategic goals.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Assume that the 16 sample values appear to be from a

a clinical trial was conducted to test the effectiveness of the drug zipiclone for treating insomnia in older subjects.

  Calculate the difference in the average clutter

Calculate the difference in the average clutter between network and cable television and which standard deviation would lead you to conclude that there was a major difference in the two clutter averages? Comment.

  Confidence interval for true proportion of all current bank

Find a 95 percent confidence interval for the true proportion of all current Bank of America customers who would respond with a 9 or 10.

  Sums and linear combinations of normal random variables are

sums and linear combinations of normal random variables are also normally distuributed. suppose w x and y are

  The heights of 18-year-old men are approximately normally

the heights of 18-year-old men are approximately normally distributed with mean 68 inches and standard deviation 3

  Change for median to be a better measure

Perhaps you have a millionaire, someone making $30,000 and a lot of people spread out all over (and evenly) in between. How would this need to change for median to be a better measure?

  Relationship between objectives and goals

Critically discuss the difference among strategic, long-term, and short-term objectives? What is the relationship between objectives and goals? What are examples of this relationship?

  Contains real numbers of arbitrarily large

If S exists, then S(x, y) = 0 ∈ R. Then by Problem 4 there must be neighborhoods U of x and V of y in K such that S(u, v) ∈ R and |S(u, v)| 1 for all u ∈ U and v ∈ V . Show, however, that each of U and V contains real numbers of arbitrarily l..

  Create confience interval for group leaders

Random sample of 85 group leaders, spent 6.5 years on job before being promoted standard deviation of sample was 1.7 years create 95 percent confience interval.

  Test of hypothesis for difference in proportions

A random sample of 200 workers from Factory A showed that 130 were satisfied with their job. Formulate and test the appropriate hypotheses at the 1% level of significance

  Question-interpretations of p value

A statistical study reported that a drug was effective with a p-value of .042. Explain in words what this tells you.

  The number of the men who never eat breakfast is at least

according to the u.s. national center for health statistics 25.2 percent of men and 23.6 percent of women never eat

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