Mean assembly time for a random sample

Assignment Help Basic Statistics

Reference no: EM1317144

The management of White Industries is considering a new method of assembling its golf cart. The present method requires 42.3 minutes, on the average, to assemble a cart. The mean assembly time for a random sample of 24 carts, using the new method, was 40.6 minutes, and the standard deviation of the sample was 2.7 minutes. Using the .10 level of significance, can we conclude that the assembly time using the new method is faster?

Reference no: EM1317144

Questions Cloud

Amount of accumulated depreciation and current ratio : A company has current assets of $45,000, current liabilities of $30,000, and total liabilities of $55,000. The current ratio is:

India and china are recognized as emerging asian powers : India and China are recognized as emerging Asian powers, especially in the area of international outsourcing. Choose one of the two countries and explain why this is occurring. Address what is driving this trend, to include the educational system, p..

Interpreting coefficient on log : Interpret coefficient on log (salesm). If salesm were to be increased by 20%, what would be estimated change in mktgp? Would this effect be substantive?

Calculate what the limiting reactant : Calculate what the limiting reactant is in the reaction between copper (II) oxide and hydrochloric acid

Mean assembly time for a random sample : The mean assembly time for a random sample of 24 carts, using the new method, was 40.6 minutes, and the standard deviation of the sample was 2.7 minutes.

Preparing all journal entries : John Smith started a consulting business and completed the following transactions. Prepare all journal entries related to these transactions.

Peer-to-peer networking : Explain the term peer-to-peer networking? Describe why is bit torrent regarded to be a more efficient protocol? In the bit torrent context, explain how seeders and the leechers work.

Explain the ph and how to find hydrogen ion concentration : We are asked to explain the pH and how to find hydrogen ion concentration - Find the pH of an acidic substance of your choice.

Prepare credit and debit sheet : Joe Donaldson deposited $80,000 in his new business. Prepare all entries related to above transactions.

User Account

All Pages