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Manufacturing and Product Development
Arizona state procurement specifications for instant-dry highway paint indicate that the paint must dry in less than 60 seconds. A random sample of paint was obtained from a potential seller, and the drying time of each batch was carefully tested. Assume σ = 8.0 and use a = 0.05.
a. Is there any evidence to suggest the mean drying time for this highway paint is less than 60 seconds? Use the p value to draw a conclusion.
b. Using the results from part (a), do you believe there is overwhelming evidence to suggest the paint dries in less than 60 seconds? Why or why not?
c. Carefully sketch a graph to illustrate the p value in this hypothesis test.
What is the probability that the sample mean would differ from the true mean by greater than .04 dollars if a sample of 183 5 gallon pails is randomly selected? Round answer to 4 decimal places.
Based on this information, you should focus your new business on selling products that satisfy consumers':
A two-dimensional vector v running from the origin to a point can be represented as a pair consisting of an x-coordinate and a y-coordinate. Implement a data abstraction for vectors by giving a constructor make-vect and corresponding selectors xco..
In playing the Lemonade Stand Game, Bob decreased his price per cup by two cents, from $.27 per cup to $.25 per cup. At the .05 level of significance, did net revenue increase?
In blackjack, you are dealt two cards and examine the total points X on the cards (face cards count 10 points). You can choose to be dealt another card and compete based on the total points Y on all three cards.
explain what it means for two events to be mutually exclusive. give an example of two mutually exclusive events and two
Superior Construction Pte Ltd is a successful company dealing with many mmajor projects in Singapore. What is the probability that the company: will secure Project A or B but not both
The average number of calories in a small chocolate bar is 225. Suppose that the distribution of calories is approximately normal with 10. Find the probability that a randomly selected chocolate bar will less than 200 calories.
q1. what is the purpose of sampling?a. to verify that the population is approximately normally distributedb. to
Everhart, Inc., is a U.S. firm with no international business. It issues debt in the United States at an interest rate of 10 percent per year. The risk-free rate in the United States is 8 percent. The stock market return in the United States is ex..
What is the distribution of the nonconforming items in the sample?- Find the probability of obtaining no more than 3 nonconforming items in the sample.
Make a scatter plot of Y and X1 using Word. To do this click on insert and then chart. Click on X Y (Scatter). Enter the data from the table.
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