Question 1A paper company has about 50 paper mills distributed over 3 provinces. The 50 papermills have a totalof 600 machines. Lately it was found that some of the paper the company produces has a thicknessabove the specification of 2mm. From historical data it was found that the mean paper thickness 1.3mmthe variance of 2. Answer the following questions. 1.3. Find the estimated standard error of the proportion if, in the sample of machines, 36 machines hadproduced paper that is thicker than the average. Is this a good estimate?1.4. Find the estimated variance of the sample mean and its appropriate standard error. Explain youranswer.

Given that a paper company has about 50 paper mills, which have a total of 600 machines. From…

Answered: 1.3. Find the estimated standard error…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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1.3. Find the estimated standard error of the proportion if, in the sample of machines, 36 machines had produced paper that is thicker than the average. Is this a good estimate? 1.4. Find the estimated variance of the sample mean and its appropriate standard error. Explain your answer.