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If the mean (Mu) diastolic blood pressure in a certain age group is 80, and the standard deviation (Sigma) is 10, what is the probability that, in a sample of 100, the sample mean (X) is > 85? You will need to compute standard error to get the answer in the back of the book, which is C = .0003, essentially zero. Standard error = standard deviation divided by the sq root of n.
Test the financial analyst's belief that the average rate charged by credit cards with monthly fees is less than 14%. Use a 5% significance level.
A Tire company has developed a new type of tire. Extensive testing shows that the number of miles the new tire will run before wearing out is normally distrubuted with a mean of 40,000 miles and a standard deviation of 4,000 miles
At 5% level of significance, is true mean smaller than specification? Clearly mention your hypotheses and decision rule.
Determine the probability in big class that both sections are covered? Only one section? Neither section? Determine the expected number of sections covered?
A running coach wanted to see whether runners ran faster after eating spaghetti the night before. A group of six runners was randomly chosen for this study.
If alternate hypothesis mention that m doesn't equal 4,000, determine the rejection region for the hypothesis test?
A random sample of 300 beer drinkers is selected and each member of the sample is asked to choose between two brands of beers: Brand A and Brand B. The results are that 165 prefer Brand A and 135 prefer Brand B.
If the safety commission determines that an elevator design is safe if its operating load is exceeded less than 0.05% of the time, does this prototype meet these saftey guidelines?
What is the variance and standard deviation (of profit, NOT of tire life) for producing an all weather tire? Of producing a high performance tire?
A manufacturer of executive jet aircraft is concerned with its profit picture over the short run. It produces two different models of planes, x1 and x2. Its profits are $30,000 for each x1 and $20,000 for each x2. There are two major constraints o..
A random sample of 1000 college students ages from 18-25 revealed that 234 voted for the American Idol. Similarly, 198 college students stated they voted in the 2006 midterm elections.
The lapping process, which is used to grind certain silicon wafers to the proper thickness, is acceptable only if 'sigma', the population standard deviation of the thickness of dice cut from the wafers, is at most 0.50 mil.
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