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An injector molder produces plastic pens. The process is designed to produce pens with a mean weight equal to 0.250 ounce. To investigate whether the injection molded is operating satisfactorily, 40 pens were randomly sampled with a mean of 0.2525 and a standard deviation of .0022. Test at 5% and 1% whether the molder is operating satisfactorily.
Find out point estimate and 95% confidence interval for mean family dental expenses of all employees of company.
At 0.01 level of significance, is there evidence that mean price is higher at Whole Foods Market than at Fairyway supermarket? Interpret the meaning of p-value in (i).
Increasing the confidence-interval level from .95 to .99
A fair coin is flipped 3 times. Compute the odds of flipping 3 tails.
At.05 level of significance test to find out if number of breakdowns is independent of shift.
How variable is the number of service calls with which Sam's department must deal?
At the .05 significance level, can we conclude that the mean waiting time is less than 3 minutes?
Determine what analysis would you do on each problem (i.e., one-sample z-test, one-sample t-test, proportion test, two-sample independent t-test, or paired test)?
Is there evidence of violations of the usual ANOVA assumptions of equal variances and normal populations? Set up and perform appropriate TESTS at the α = 0.05 level of significance.
Open data file on your excel file AirlinePassengers . Point to the level of data (nominal, ordinal, ratio, or interval) measurement for each variable in data set. Notice tab for description gives information about data.
Solve the mean and standard deviation equations
Determine SSE, SS (Total) and the explained sum of squared variation SSR and find the estimated y intercept slope and write the regression equation.
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