In a report, a mill states a daily consumption of 1200kWh of energy with a variance of 300kWh?. A regulatory authority takes samples over 100 days. 1. What is the probability that a sample mean of 1005kWh or greater is found in this case? State the formula and calculate the answer. Feel free to use R. 2. Imagine the regulatory authority does not want to rely on the mill providing the va- riance, but uses the sample variance instead. What is the approach they should take to answer the above question? 3. The authority found that the probability that a sample mean of 1005kWh or greater is found is 2%. They came to the conclusion that the mill uses more than 1000kWh of energy per day. What does this tell you about the significance level they chose?
In a report, a mill states a daily consumption of 1200kWh of energy with a variance of 300kWh?. A regulatory authority takes samples over 100 days. 1. What is the probability that a sample mean of 1005kWh or greater is found in this case? State the formula and calculate the answer. Feel free to use R. 2. Imagine the regulatory authority does not want to rely on the mill providing the va- riance, but uses the sample variance instead. What is the approach they should take to answer the above question? 3. The authority found that the probability that a sample mean of 1005kWh or greater is found is 2%. They came to the conclusion that the mill uses more than 1000kWh of energy per day. What does this tell you about the significance level they chose?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman