Statistical techniques in business and economics

Reference no: EM13111318

Clark Heter is an industrial engineer at Lyons Products. He would like to determine whether there are more units produced on the afternoon shift than on the day shift. A sample of 54 day-shift workers showed that the mean number of units produced was 345, with a standard deviation of 21. A sample of 60 afternoon-shift workers showed that the mean number of units produced was 351, with a standard deviation of 28 units. At the .05 significance level, is the number of units produced on the afternoon shift larger?

Two boats, the Prada (Italy) and the Oracle (U.S.A.), are competing for a spot in the upcoming America's Cup race. They race over a part of the course several times. Below are the sample times in minutes. At the .05 significance level, can we conclude that there is a difference in their mean times?

Boat Times (minutes)

Prada (Italy) 12.9 12.5 11.0 13.3 11.2 11.4 11.6 12.3 14.2 11.3

Oracle (U.S.A) 14.1 14.1 14.2 17.4 15.8 16.7 16.1 13.3 13.4 13.6 10.8 0.19

Reference no: EM13111318

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