8.2 A manufacturer of band saws wants to estimate the average repair cost per month for the saws he has sold to certain industries. He cannot obtain a repair cost for each saw, but he can obtain the total amount spent for saw repairs and the number of saws owned by each industry. Thus, he decides to use cluster sampling, with each industry as a cluster. The manufacturer selects a simple random sample of n = 20 from the N = 96 industries he services. The data on total cost of repairs per industry and number of saws per industry are as given in the accompanying table. Estimate the average repair cost per saw for the past month and place a bound on the error of estimation. Number Total repair cost for past month (dollars) Industry of saws 3 50 2 7 110 3. 11 230 4 9. 140 60 6. 12 280 14 240 3 45 60 10 9. 230 11 8 140 12 6. 130 13 3. 70 14 50 15 10 16 4 60 17 12 280 18 6. 150 19 5 110 20 120
8.2 A manufacturer of band saws wants to estimate the average repair cost per month for the saws he has sold to certain industries. He cannot obtain a repair cost for each saw, but he can obtain the total amount spent for saw repairs and the number of saws owned by each industry. Thus, he decides to use cluster sampling, with each industry as a cluster. The manufacturer selects a simple random sample of n = 20 from the N = 96 industries he services. The data on total cost of repairs per industry and number of saws per industry are as given in the accompanying table. Estimate the average repair cost per saw for the past month and place a bound on the error of estimation. Number Total repair cost for past month (dollars) Industry of saws 3 50 2 7 110 3. 11 230 4 9. 140 60 6. 12 280 14 240 3 45 60 10 9. 230 11 8 140 12 6. 130 13 3. 70 14 50 15 10 16 4 60 17 12 280 18 6. 150 19 5 110 20 120
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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