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The average income of 15 families who reside in a large metropolitan East Coast city is $62,456. The standard deviation is $9652. The average income of 11 families who reside in a rural area of the Midwest is $60,213, with a standard deviation of $2009. At α =0.05, can it be concluded that the families who live in the cities have a higher income than those who live in the rural areas? Use the P-value method.
A straight rod is formed by connecting three sections A, B and C, each of which is manufactured on a different machine. The length of section A, in inches has a normal distribution with mean 20 and variance 0.04.
Solve different inventory control problems using an appropriate OR method.
In this paragraph, be sure to make it clear how you handled the issue of conducting three planned comparisons. Also provide the ANOVA summary table for these results.
What is the probability of drawing two diamonds after discarding 5 and 7.
Given the following data, 1) how do you make Excel create a scatter diagram for you? 2) If you were to draw a line through the points, how straight would the line be?
A processor of carrots cuts green top off each carrot, washes the carrots, and inserts six to a package. Twenty packages are inserted in a box for shipment. To test weight of the boxes, a few were checked.
Write down the probability of that the median of the sample or average medians is greater or more than 320 minutes?
Assume that demand for the upcoming weekend is normally distributed with a standard deviation of 30. (a) What is the probability that all the hotel's room will be rented?
Draw a sketch of the standard normal distribution curves, one for the current process and another one for the recentered process. Label the spec limits and shade the area of the curve that corresponds to your answer.
Compute the value of t. What is your decision regarding the null hypothesis? Briefly summarize your results.
P-value for test statistic is .085, determine the minimum level of significance needed to reject null hypothesis?
Determine the special property of standard normal distribution, compared to other normal distributions?
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