Pipes used in a water distribution network are susceptible to breakage due to a variety of factors. When pipes​ break, engineers must decide whether to repair or replace the broken pipe. A team of civil engineers estimated the ratio of repair to replacement cost of commercial pipe based on the diameter​ (in millimeters) of the pipe.​(IHS Journal of Hydraulic Engineering​,September​ 2012.) The ratios for a sample of 12 different pipe sizes are listed in the accompanying data table. Assume these data represent a random sample selected from all possible types of commercial pipe. A technology analysis of the data is also given.      a. Locate a 95​% confidence interval for the mean ratio of repair to replacement cost for all commercial pipe on the accompanying technology printout.

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Pipes used in a water distribution network are susceptible to breakage due to a variety of factors. When pipes​ break, engineers must decide whether to repair or replace the broken pipe. A team of civil engineers estimated the ratio of repair to replacement cost of commercial pipe based on the diameter​ (in millimeters) of the pipe.​(IHS Journal of Hydraulic Engineering​,September​ 2012.) The ratios for a sample of 12 different pipe sizes are listed in the accompanying data table. Assume these data represent a random sample selected from all possible types of commercial pipe. A technology analysis of the data is also given. 

 

 

a. Locate a 95​% confidence interval for the mean ratio of repair to replacement cost for all commercial pipe on the accompanying technology printout.

### Technology Analysis: One-Sample T-Test on Ratio

The table presents descriptive statistics for a one-sample T-test on the ratio:

- **N (Sample Size):** 12
  - The total number of observations in the sample.

- **Mean:** 8.278
  - The average value of the ratio in the sample.

- **StDev (Standard Deviation):** 0.996
  - This measures the amount of variation or dispersion of the ratio from the mean.

- **SE Mean (Standard Error of the Mean):** 0.287
  - This indicates how far the sample mean is likely to be from the population mean.

- **95% CI for μ (95% Confidence Interval for the Mean):** (7.645, 8.911)
  - The range in which we are 95% confident that the true population mean of the ratio lies.

The bottom note, "μ: mean of RATIO," indicates that the symbol μ represents the mean of the ratio.
Transcribed Image Text:### Technology Analysis: One-Sample T-Test on Ratio The table presents descriptive statistics for a one-sample T-test on the ratio: - **N (Sample Size):** 12 - The total number of observations in the sample. - **Mean:** 8.278 - The average value of the ratio in the sample. - **StDev (Standard Deviation):** 0.996 - This measures the amount of variation or dispersion of the ratio from the mean. - **SE Mean (Standard Error of the Mean):** 0.287 - This indicates how far the sample mean is likely to be from the population mean. - **95% CI for μ (95% Confidence Interval for the Mean):** (7.645, 8.911) - The range in which we are 95% confident that the true population mean of the ratio lies. The bottom note, "μ: mean of RATIO," indicates that the symbol μ represents the mean of the ratio.
**Data Table**

This table presents a sequence of numerical values. These values are listed as follows:

- 6.584
- 6.973
- 7.390
- 7.779
- 7.922
- 8.201
- 8.420
- 8.599
- 8.969
- 9.310
- 9.472
- 9.718

No graphs or diagrams accompany this table. The data appears in a simple linear format.
Transcribed Image Text:**Data Table** This table presents a sequence of numerical values. These values are listed as follows: - 6.584 - 6.973 - 7.390 - 7.779 - 7.922 - 8.201 - 8.420 - 8.599 - 8.969 - 9.310 - 9.472 - 9.718 No graphs or diagrams accompany this table. The data appears in a simple linear format.
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