2. A Production Manager is convinced that a new type of machine that was recently procured does not affect the production significantly. He is convinced that the MD purchased the machine in order to get his 10% kickback. To test this, a random sample of 12 hours output is taken. The mean hourly production rate is found to be 1160 units with a standard deviation of 70 units. The mean hourly production rate with the old machine was 1142 units. Required: (i) Estimate the true mean rate with the new machine at 95% confidence level.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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2. A Production Manager is convinced that a new type of machine that was recently
procured does not affect the production significantly. He is convinced that the MD
purchased the machine in order to get his 10% kickback. To test this, a random
sample of 12 hours output is taken. The mean hourly production rate is found to be
1160 units with a standard deviation of 70 units. The mean hourly production rate
with the old machine was 1142 units.
Required:
(i)
Estimate the true mean rate with the new machine at 95% confidence level.
Transcribed Image Text:2. A Production Manager is convinced that a new type of machine that was recently procured does not affect the production significantly. He is convinced that the MD purchased the machine in order to get his 10% kickback. To test this, a random sample of 12 hours output is taken. The mean hourly production rate is found to be 1160 units with a standard deviation of 70 units. The mean hourly production rate with the old machine was 1142 units. Required: (i) Estimate the true mean rate with the new machine at 95% confidence level.
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