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Q1) A state meat inspector in Iowa has been given assignment of evaluating the mean net weight of packages of ground chuck labelled "3 pounds." Of course, he realizes that weights cano't be precisely 3 pounds. Sample of 36 packages reveals mean weight to be 3.01 pounds, with the standard deviation of 0.03 pounds.
i) Determine the estimated population mean?
ii) Find out a 95% confidence interval for population me
Q2) Sunshine Farms wishes to know whether there is difference in consumer preference for 2 new juice products-Citrus Fresh and Tropical Taste. In initial blind taste test, 8 arbitrarily chosen consumers were given unmarked samples of two juices. Product which each consumer tasted first was arbitrarily decided by flip of coin. After tasting two juices, each consumer was asked to select which juice he or she favoured, and results were recorded.
Q3)a) Sunshine farms plans to add one of these 2 new juices-citrus Fresh or Tropical taste-to its production schedule. Follow up study will be performed to decide which of two new juices to make. Make one recommendation for follow up study which would make it better than initial study.
b) Give a statistical justification for your suggestion in context of the problem.
Construct appropriate control charts for before and after introduction of the new pathway. Discuss process stability and the results.
When a sample mean is greater than the true, population mean, the resulting difference is called:
Rank the funds by using this alternative measure of risk. Which, if any outperformed the market on the risk-adjusted basis.
If level of significance ( α ) is 0.005 in two-tail test, how large is non rejection region under curve of the t distribution?
Ninety of the sample students are in the Business College, 120 are in the Liberal Arts College, and 90 are in the Education College.
High levels of glucose in the blood are indications of diabetes, which is becoming more prevalent in the United States. Diabetes can lead to many complications such as blindness and heart disease. A random sample of 180 individuals had their blood su..
What are the best-case and worst-case outcomes the owner may face on this product if she implements your suggestion?
The following frequency distribution was obtained. The data values are in hours. Construct a histogram for the data .
Find the probability of getting a head and rolling a six
Now he wants to know if there is a difference between the three formats. Is there?
Reading highway signs is not always easy, especially if your vision is imperfect. Vision in general tends to deteriorate with age. Two researchers conducted a study to determine if the distance at which a standard highway sign could be recognized ..
Here is a scatterplot of average crawling age versus average outdoor temperature six months after birth followed by a plot of the residuals versus average outdoor temperature six months after birth.
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