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An internal report issued by the marketing manager of a oil-change franchise claims that the mean number of miles between oil changes is for franchise customers is at least 3600 miles. One franchise owner suspects that the mean distance is actually less than 3600 miles. She collects a random sample of 10 customers, and determines the distance each had driven between oil changes. She finds the following results.
3655 3734 3700 1946 3208
3311 2789 3920 3555 3902
a) Construct a stem-and-leaf diagram.
b) Does your stem-and-leaf diagram in (a) suggest that the distribution of distances is not normal? (For instance, is there any evidence that the distribution is skewed?)
c) Construct TWO 99% confidence intervals.
(i) Use the z-tables.
(ii) Use the t-tables.
d) Interpret your result in (ii) in words.
e) You now must decide: is the mean distance between oil changes 3600 miles, or not? Explain your reasoning.
f) Which (if either) of the confidence intervals in (c) is appropriate? (Suggestion: look at your answer to (b).) Explain briefly.
A retail store has recently hired you as a consultant to advise on economic conditions. One important indicator that the retail store is concerned about is the unemployment rate.
How do you prepare the budget balance sheet?
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if my income for the rest of the month was 2,500 and i recieved 1,200 in cash balance on account where would i put this
A testing organization is evaluating the effectiveness of sinus relief tablets, Relief and SineOut. As part of the analysis the organization collects 44 sinus sufferers and random
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