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The in-control mean of the inside diameter of an 'O' ring is 1.426" and the in-control standard deviation is 0.0010". The inside diameters are normally distributed. (a) What are the control limits of the X chart, if α = 0.0026 and the sample size is 4 ? (b) Find the proportion of rejected 'O' rings when the process is in control, if the tolerance limits are 1.426 ± 0.0015.
Is this sample sufficient to conclude that the children with a history of preschool day care are significantly different from the general population? Use a two-tailed test with α=.01.
We are interested in determining whether or not the population in favor of Candidate A is significantly more than 75%. The test statistic is?
Suppose that January sales for the fourth year turn out to be $295,000. What was your forecast error? If this is a large error, Karen might be puzzled about the difference between your forecast and actual sales value.
The least squares simple linear regression line minimizes the sum of the vertical deviations between the line and the data points.
The standard deviation of the population is 200. Which of the following is the 90% confidence interval for the mean number of apples for all trees?
At 0.05 level of significance, is there evidence that proportion of claims processed under this new system is higher than article reported for previous system?
The local operations manager for the IRS must decide whether to hire 1, 2, or 3 temporary workers. He estimates that net revenues will vary with how well taxpayers comply with the new tax code.
Explain the applications of statistics in your own field (Business Administration/Accounting) - Construct a stem and leaf display.
The breaking strengths of cables produced by a certain manufacturer have a standard deviation of 96 pounds. A random sample of 50 newly manufactured cables has a mean breaking strength of 1950 pounds.
70 people received a higher score on the second test, 13 a lower score, and 1 received the same score. At the 0.05 significance level, test the claim that the music has no effect on memorization skills.
Is there evidence that the population mean is above $300, if X (bar) = $305.11 and s = $43.20?
Compute the probability that, in a random sample of 500 students, at least 20 lie frequently, assuming the true percentage is 3%.
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