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In intaglio printing, design or figure is carved beneath surface of hard metal or stone. Business objective of intaglio printing company is to find out whether there are differences in mean surface hardness of steel plates, based on two different surface conditions - untreated and treated by lightly polishing with emery paper. Experiment is created in which 40 steel plates are arbitarily assigned - 20 plates are untreated and 20 plates are treated. Results of experiment are as follows:
HardnessUntreated Treated164.4 177.1 158.2 150.2159.0 163.9 138.2 155.6153.9 167.8 168.0 151.2165.1 160.8 149.7 158.7157.2 167.4 145.5 151.2154.5 163.5 168.2 150.9160.9 164.5 154.3 161.7164.9 171.2 162.8 157.0169.1 175.0 161.0 156.7175.3 166.3 167.7 147.9
Suppose that population variances from both conditions are equal is there evidence that treatment decreases surface hardness of steel plates? Solve manually. Use alpha = 0.05) Point to your decision rule, hypotheses and statistical and management conclusions.
A statistical study reported that a drug was effective with a p-value of .042. (a) Is this true? An effective sample may be found about 42 times in 1000 samples.
Illustrate for what value does probability XYZ will offer a competing product will ABC be indifferent among the alternatives.
We have already been introduced to sensitivity analysis via the geometry of a simple example. We saw that the values of the decision variables and those of the slack and surplus variables remain unchanged even though some coefficients in the objec..
List the elements of the sample space S using the letters G and D for good and defective respectively. What is the mean number of defective hard drives that the small business receives if all their shipments come in sets of five that contain the sa..
A new weight-watching company, Weight Reducers International, advertises that those who join will lose, on average, 10 pounds the first two weeks with a standard deviation of 2.8 pounds.
Using the finite population correction factor, compute the standard error for each of the three firms given a sample of size 50.
Using the .02 level of significance, conduct a five-step hypothesis testing procedure to determine if the new processes significantly reduced the wait time.
Construct a 90% confidence interval on the difference in fraction nonconforming between the two processes."
Suppose the time necessary to process an application for a license plate for a newly purchased vehicle is normally distributed with mean of 6 minutes and standard deviation of 1.5 minutes.
Statewide real estate sales agency, Farm Associates, specializes in selling farm property in state of Nebraska. At.10 significance level, has there been an increase in selling time?
The probability is 1 in 4,000,000 that a single auto trip in the United States will result in a fatality. Over a lifetime, an average U.S. driver takes 50,000 trips. (a) What is the probability of a fatal accident over a lifetime? Explain your rea..
In order to estimate the average time spent on the computer terminals per student at a local university, data were collected for a sample of 81 business students over a one week period.
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