What is the point estimate for the population mean

Assignment Help Operation Management
Reference no: EM13221669

The mean lifetime of all light bulbs produced by a manufacturer is unknown. A sample of 144 bulbs is randomly selected and tested. The average lifetime of this group is measured and found to be 1500 hours with a sample standard deviation of 120 hours.

What is the point estimate for the population mean?
Construct the 99% confidence interval estimate for the true population mean.

 

Reference no: EM13221669

Questions Cloud

State nitrogen fertilizer that is manufactured from ammonia : a nitrogen fertilizer that is manufactured from ammonia and carbon dioxide. 2 NH3(g) CO2(g) ? NH2CONH2(aq) H2O(l) What volume of ammonia at 45°C and 1.60 atm is needed to produce 908 g (2 lb) of urea?
Evaluate the molecular weight of the solute : A 4.305-gram sample of a nonelectrolyte is dissolved in 105 grams of water. The solution freezes at -1.23°C. Calculate the molecular weight of the solute. Kf for water = 1.86°C/m.
Find the probability that exactly four people approve : According to the recent CNBC and the Wall Street Journal poll, 40% of the American public approves of the way the President of the United States is handling his job. Take a random sample of n = 10 Americans. And let X equal the number who gives ap..
What is the point estimate for the population mean : Company is packaged and sold with unknown weight and standard deviation. Seven packages are randomly selected and weighed with the following results in pounds.
What is the point estimate for the population mean : The mean lifetime of all light bulbs produced by a manufacturer is unknown. A sample of 144 bulbs is randomly selected and tested. The average lifetime of this group is measured and found to be 1500 hours with a sample standard deviation of 1..
Determine what is the probability of the outcome : If five tickets are purchased, (0, 0, 0, 1, 0) is a possible observed sequence in which the 4th ticket is a winner and the other four are losers. Assuming independence among winning and losing tickets, what is the probability of this outcome
Describe the vapor pressure of a solution : Calculate the vapor pressure of a solution prepared by dissolving 70.0 g of naphthalene, C10H8 (a nonvolatile nonelectrolyte), in 220.0 g of benzene, C6H6, at 20°C. Assume the solution is ideal. The vapor pressure of pure benzene is 74.6 torr at 2..
Describe the vapor pressure of pure propyl chloride : The vapor pressure of pure propyl chloride is 347 torr at 25°C and that of pure propyl bromide is 133 torr at 25°C. Assume that the solution is an ideal solution.
How would be break down the scenario in economic terms : Economic Decision whether to stay out of town or spent the night. The town is 150 miles from my house which takes 2.5 hours of drive time. The hotel cost $119.00 per night. While I will have 5 hours my time value is $25.00 per hour of non-producti..

Reviews

Write a Review

Operation Management Questions & Answers

  One duty that is the most important for management to uphold

Of all the duties determine the one duty that is the most important for management to uphold. State a rationale with your answer.

  A quality analyst wants to construct a sample mean chart

A quality analyst wants to construct a sample mean chart for controlling a packaging process. He knows from past experience that the process standard deviation is two ounces

  United research associates had received a contract

United Research Associates (URA) had received a contract to produce two units of a new cruise missile guidance control. The first unit took 5,000 hours to complete and cost $50,000 in materials and equipment usage

  Explain the barriers to effective implementation of training

A firm in Washington State wants to export a shipload of finished lumber to the Philippines. Explain the barriers to effective implementation of training. How can these barriers be alleviated?

  What is the difference between data and information

What is the difference between data, information, and knowledge? In your opinion, when does data become information and information become knowledge? Support your answer with relevant examples

  Discuss the characteristics of baidu competitive landscape

Discuss the characteristics of Baidu's competitive landscape and the need for strategic flexibility.

  Determine what steps you would take to initiate

Determine what steps you would take to initiate the project and include how your leadership style would predict your action

  Could the hospital really perform this many operations

Elucidate how well will the new resources would be utilised relative to the current operations. Recalling the capacity of 12 surgeons also 5 operating rooms, could the hospital really perform this many operations.

  Develop an aggregate plan using a spreadsheet

Helter Industires, a company that produces a line of women's bathing suits, hires temporaries to help produce its summer product demand. For the current four-month rolling schedule

  How would it make or save money if implemented

Stating the intrinsic value is important as part of the return, but how would it make or save money if implemented vs the time and cost in delivery? Please share thoughts on this. Provide an example if possible.

  Elucidate what are the major internal variables to consider

Elucidate what are the major internal variables to consider in the scanning process. Discuss the levels of internal monitoring which should be conducted. Describe how well you think management conduct environmental assessment.

  Explain how many machines should be purchased

Explain how many machines should be purchased to meet the upcoming yr's demand without resorting to any short-term capacity solutions.

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