True mean shifts by one standard deviation

Assignment Help Game Theory
Reference no: EM1391365

A manufacturer produces pistons rings for an automobile engine. It is known that the ring is approximately normally distributed and has standard deviation of σ = 0.001 mm. A random sample of 15 rings has a mean diameter of x-bar 74.036 mm.

(a) Using a level of significance of 0.01, state and test the hypothesis that the mean piston ring diameter is 74.035 mm. Draw conclusions.

(b) What is the minimum level of significance to reject the null hypothesis?

(c) What are the lower and upper specifications limits (a, b) such that only 2.5% of the pistons ring would exceed the limits.

(d) What is the power of the test if the true mean shifts by one standard deviation?

Reference no: EM1391365

Questions Cloud

Benefit for amount of money spent : While it can't be denied that advertising impacts sales, it is also true that advertising is expensive and companies want to advertise in ways that have the greatest benefit for the amount of money spent.
How can you determine out µs and µk : A playground merry-go-round has radius 3-{rm m} and moment of inertia 3000-{rm{ kg}} cdot {rm{m}}^2 about a vertical axle through its center, and it turns with negligible friction.
The equilibrium real federal funds rate : Suppose that the economy is thought to be 2% above potential ( that is, output gap is 2%) when potential output grows 4% per year.
Recognize musical elements in composer-s style : Select one of the composers and describe why you wish him to write "birthday present" music. Describe why other two composers were eventually not selected.
True mean shifts by one standard deviation : What are the lower and upper specifications limits (a, b) such that only 2.5% of the pistons ring would exceed the limits. What is the power of the test if the true mean shifts by one standard deviation?
Rid an experimental organism of the function of a gene : Assume if you want to rid an experimental organism of the function of a gene, you can use RNAi. What would you inject into the organism?
Calculate confidence interval for the mean math sat : Assume the population of Math SAT scores for seniors in the district is approximately normally distributed. We wish to calculate a 90% confidence interval for the mean Math SAT score mu for the population of seniors.
Bobble head dolls for major league baseball : Your company makes all the bobble head dolls for Major League Baseball. The doll making procedure is the same for all bobble heads, they are then sent to the painter to make each bubble head match the look of a specific player
Standard deviation-computational formula : The bank wants to find out the waiting time of their customers during the Friday evening hours from 5pm to 8pm. Using the data in ungrouped form, compute the Standard Deviation, using the computational formula.

Reviews

Write a Review

Game Theory Questions & Answers

  Problems in a galvanizing process

The time between surface nish problems in a galvanizing process is exponentially distributed with a mean of 40 hours. A single plant operates three galvanizing lines that are assumed to operate independently.

  Construct a game matrix

Kodak & Fuji develop photographic film. Assume that there are no other significant manufactures, so that Kodak and Fuji constitute a duopoly

  Experimental study of the effects of exercise on stress

In an experimental study of the effects of exercise on stress, participants are randomly assigned to either the no exercise or the exercise conditions. Identify what type of study this is-between-, within-, or matched-participants. In addition, id..

  Lp problem using the corner point graphical method

Solve the following LP problem using the corner point graphical method. At the optimal solution, calculate the slack for each constraints

  Providing service to an intermediate market

For the time-frame of this study, once a market has reached a higher category, it won't fall back to a lower category. What is the probability that Logistics will stop providing service to an Intermediate market before becoming a High market?

  Question related to pair of 14-sided dice when rolled

Suppose that a pair of 14-sided dice are rolled (the sides are numbered 1-14 and yes, these do actually exist).

  Opinions of a few thousand adults nationwide

National polls are often conducted by asking the opinions of a few thousand adults nationwide and using them to infer the opinions of all adults in the nation. Explain who is in the sample and who is in the population for such polls. Please use a ..

  What is the average annual decline rate

In an enterprise the unit cost of the product is 200 dollars in 2000, 160 dollars in 2005, please calculate the average annual decline rate of unit cost during the period from 2000 to 2005. If in 2010 the unit cost of the product down to 112 dolla..

  Compute p-value and determine the conclusion of the test

After collecting appropriate data, you find that 1148 customers chose to "Be A Glutton". Compute P-value and determine the conclusion of the test.

  Probability of choosing colored balls

Assume that there are 10 pencils available of each color, and different children are allowed to choose the same color.

  Explain subgame perfect equilibrium

Suppose you are planning entering a market serviced through a monopolist. You currently receive $0 economic profits, while monopolist receives $5.

  Probability-hypergeometric distribution

A finite lot of 40 digital watches includes 30% nonconforming units. Using the hypergeometric distribution, what is the probability that a sample of 6 will contain 3 nonconforming watches? Show your work.

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