Determining statistical techniques for the products

Assignment Help Basic Statistics
Reference no: EM131767554

Question: Quality control (2.2, 5.3, 6.3) Many manufacturing companies use statistical techniques to ensure that the products they make meet standards. One common way to do this is to take a random sample of products at regular intervals throughout the production shift. Assuming that the process is working properly, the mean measurement x¯ from a random sample varies according to a Normal distribution with mean mx¯ and standard deviation s x¯. For each question that follows, assume that the process is working properly

(a) What's the probability that at least one of the next two sample means will fall more than 2s- x from the target mean μx¯? Show your work.

(b) What's the probability that the first sample mean that is greater than μx¯ + 2σx¯ is the one from the fourth sample taken? Plant managers are trying to develop a criterion for determining when the process is not working properly. One idea they have is to look at the 5 most recent sample means. If at least 4 of the 5 fall outside the interval (μx¯ - σx¯, μx¯ + σx¯), they will conclude that the process isn't working.

(c) Find the probability that at least 4 of the 5 most recent sample means fall outside the interval, assuming the process is working properly. Is this a reasonable criterion? Explain.

Reference no: EM131767554

Questions Cloud

Risk of security threats and losses : When it comes to risk of security threats and losses, ___________.
Needs-based approach : Based on the needs-based approach, what face value of life insurance is needed? [Assume that Anna and Mike have no other resources to put toward this need.
How analysis of operating leverage alternative would applied : Define operating leverage and explain how analysis of operating leverage alternatives would be applied to this decision.
Loan in seven equal installments starting today : The Elkridge Bar & Grill has a seven-year loan of $26,800 with Bank of America. It plans to repay the loan in seven equal installments starting today.
Determining statistical techniques for the products : What's the probability that at least one of the next two sample means will fall more than 2s- x from the target mean µx¯? Show your work.
What are the ethical issues : Herman notes that market value has remained near 250 for many months, What are the ethical issues, if any
Smart? creative : According to Google? executives, 'Smart? Creatives' are
Eight years when he buys his house : Jeremy Denham plans to save $7,000 every year for the next eight years, starting today. At the end of eight years, Jeremy will turn 30 years old.
How do i calculate the margin of safety for the company : total fixed cost of 400,000 and a degree of operating leverage of 6 How do I calculate the margin of safety for the company for that year

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd