Calculate z value for given data

Reference no: EM1318140

Calculate Z value for given data.

A recent article in the Myrtle Beach Sun Times reported that the mean labor cost to repair a colour television is $90 with a standard deviation of $22. Monte's TV Sales and Service completed repairs on two sets this morning. The labor cost for the first was $75 and it was $100 for the second. Calculate z values for each and comment on your findings.

Reference no: EM1318140

Questions Cloud

Hottaire heating and cooling-case study : Hottaire Heating and Cooling offers customers who buy air conditioners and furnaces free delivery and low installation charges.

Plotting fitted values against residuals : Plot fitted values against residuals. Does this plot point out any problems with homoscedasticity?

Calculating the average of 50 numbers : Write down a program which calculates the average of up to 50 numbers input by the user and stored in an array. The program must use a class named Statistics and have an AddNumber method which stores numbers into an array.

Determine probability for independent events : Determine the probability for independent events - calculate the probability P(AUBUC)

Calculate z value for given data : A recent article in the Myrtle Beach Sun Times reported that the mean labor cost to repair a colour television is $90 with a standard deviation of $22. Monte's TV Sales and Service completed repairs on two sets this morning. The labor cost for the..

Developing the audio technologies : A company noting down the success of 24-bit digital audio technologies as compared to earlier 16-bit digital audio technologies has decided to work on developing the 28-bit digital audio technology.

Concepts of linkage : What are the advantages and disadvantages of each of the tools? Explain front end and back end tools. Explain the concepts of "linkage and synergy as they relate to IMC.

Determining critical value using standard normal table : By using standard normal table, determine critical value (or values) for= 0.14 right-tailed test.

Question based on sampling distribution : Question based on sampling distribution - What is the probability that the proportion in the sample with M.B.A. degrees is between 59.5% and 60.5%?

User Account

All Pages