A new process for producing synthetic diamonds can be operated at a profitable level only if the average weight of the diamonds is greater than 0.5 karat. Sixteen diamonds are generated, with a mean weight of 0.5457 karat and sample standard deviation equals 0.0552 karat. Assuming that the data is normal and using α=0.10, test if the data support the claim that the process is profitable. Group choices p-value=0.2, evidence not support claim p-value=0.373, evidence support claim p-value=0.373, evidence not support claim p-value=0.02, evidence support claim p-value=0.002, evidence support claim
A new process for producing synthetic diamonds can be operated at a profitable level only if the average weight of the diamonds is greater than 0.5 karat. Sixteen diamonds are generated, with a mean weight of 0.5457 karat and sample standard deviation equals 0.0552 karat. Assuming that the data is normal and using α=0.10, test if the data support the claim that the process is profitable. Group choices p-value=0.2, evidence not support claim p-value=0.373, evidence support claim p-value=0.373, evidence not support claim p-value=0.02, evidence support claim p-value=0.002, evidence support claim
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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A new process for producing synthetic diamonds can be operated at a profitable level only if the average weight of the diamonds is greater than 0.5 karat. Sixteen diamonds are generated, with a mean weight of 0.5457 karat and sample standard deviation equals 0.0552 karat. Assuming that the data is normal and using α=0.10, test if the data support the claim that the process is profitable.
Group choices
p-value=0.2, evidence not support claim
p-value=0.373, evidence support claim
p-value=0.373, evidence not support claim
p-value=0.02, evidence support claim
p-value=0.002, evidence support claim
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