Single mean by hypothesis test

Assignment Help Basic Statistics

Reference no: EM1313298

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: EM1313298

Questions Cloud

Positive effects to the economy also other negative effects : Explicate why one of them brings positive effects to the economy also the other negative effects.

Laboratory medicine history and evolution and genetics : Re-examine the timeline of the laboratory medicine history and discoveries. Post and discuss one discovery/issue incident which you feel moved the laboratory profession forward in greatly assisting cliniciana.

Real wage and rental rate in labor abundant : According to the Heckscher-Ohlin theorem, is Russia capital abundant or labor abundant? Briefly explain. What is the impact of opening trade on the real wage in Russia? Briefly explain.

Compute the time for the pencil to hit : A helicopter is ascending vertically with the speed of 5.79. At a height of 127 above the Earth, a package is dropped from a window. How long take the package to hit the ground.

Single mean by hypothesis test : Using the .10 level of significance, can we conclude that the assembly time using the new method is faster?

Valuation of bond at applicable inflation rates : Valuation of Bond at applicable inflation rates and change in the risk free rates and what rate should you see for a three-year-maturity Treasury Bond in today's Wall Street Journal ?

Discuss the capital budgeting : Discuss the Capital budgeting and what is the net present value of the costs of buying and operating the ambulance over its lifetime

Marginal cost of one of the newspapers : Illustrate what is the marginal cost of one of the 50 newspapers folded also bagged by the fourth student.

What is the friction force that acts on the bear : A small, 300 g cart is moving at 1.60 m/s on an air track when it collides with a larger, 1.00 kg cart at rest. After the collision, the small cart recoils at 0.890 m/s.

User Account

All Pages