Question 1: The Gulf Trading Company plans to purchase an embroidery machine for their sewing unit. Two kinds of machines are available on the market (A & B). A 4-member team of experts surveyed the market, visited and analyzed both the versions and determined which one to choose based on the variance test, based on the following performance analysis data.: 21| 50| 42 | 43 15| 25 40 33 20 Machine A 33 22 35 17 Мachine B 26 35 24 40 45 26 22 Which machine the company would prefer using variance (statistical tool). Justify your answer
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- A researcher is interested in exploring the relationship between calcium intake and weight loss. Two different groups, each with 2626 dieters, are chosen for the study. Group A is required to follow a specific diet and exercise regimen, and also take a 500-mg supplement of calcium each day. Group B is required to follow the same diet and exercise regimen, but with no supplemental calcium. After six months on the program, the members of Group A had lost a mean of 10.4 pounds with a standard deviation of 2.6 pounds. The members of Group B had lost a mean of 11.7pounds with a standard deviation of 2.8 pounds during the same time period. Assume that the population variances are not the same. Construct a 99% confidence interval to estimate the true difference between the mean amounts of weight lost by dieters who supplement with calcium and those who do not. Let Population 1 be the amount of weight lost by Group A, who took a 500-mg supplement of calcium each day, and let Population 2 be…Bank of America's Consumer Spending Survey collected data on annual credit card charges in seven different categories of expenditures: transportation, groceries, dining out, household expenses, home furnishings, apparel, and entertainment. Using data from a sample of 42 credit card accounts, assume that each account was used to identify the annual credit card charges for groceries (population 1) and the annual credit card charges for dining out (population 2) Using the difference data, the sample mean difference was d = $850, and the sample standard deviation was så = $1,123. a. Formulate the null and alternative hypotheses to test for no difference between the population mean credit card charges for groceries and the population mean credit card charges for dining out. Ho : μα ♦ Select your answer - Ha d + - Select your answer - b. Use a = = 0.05 level of significance. Can you conclude that the population means differ? - Select your answer - ◆ What is the p-value? (to 6 decimals) c.…A recent study on driving behavior examined whether the combination of high driving skills and low safety skills is dangerous. Participants were classified as high or low in driving skill based on responses to a driver-skill inventory, then classified as high or low in safety skill based on responses to a driver-aggression scale. An overall measure of driving risk was obtained by combining several variables such as number of accidents, tickets, tendency to speed, etc. The following data were obtained. Use a 2 x 2 ANOVA with the .05 significance level to evaluate the results. What cutoff score(s) should be used? Driving Skill Low High Safety Skill Low M1=5 M2=4.5 S1=2.7 S2=3.8 N1=6 N2=6 HIgh M3=3 M4=3.5 S3=2.9 S4=2.5 N3=6 N4=6 Group of answer choices +4.35 +3.40 +3.49 +4.26
- The Consumer Reports Restaurant Customer Satisfaction Survey is based upon 148,599 visits to full-service restaurant chains (Consumer Reports website). One of the variables in the study is meal price, the average amount paid per person for dinner and drinks, minus the tip. Suppose a reporter for the Sun Coast Times thought that it would be of interest to her readers to conduct a similar study for restaurants located on the Grand Strand section in Myrtle Beach, South Carolina. The reporter selected a sample of 8 seafood restaurants, 8 Italian restaurants, and 8 steakhouses. The following data show the meal prices ($) obtained for the 24 restaurants sampled. Use a = 0.05 to test whether there is a significant difference among the mean meal price for the three types of restaurants. Source Sum of Squares Degrees Mean Square F P-value of Variation (to whole number) of Freedom (to 2 decimals) (to 2 decimals) (to 4 decimals) X X (X) * X * * Treatments Error Total The p-value is less than 0.01…The National Association of Home Builders provided data on the cost of the most popular home remodeling projects. Sample data on cost in thousands of dollars for two types of remodeling projects are as follows. Excel File: data 10-41.xlsx Kitchen 25.2 17.4 22.8 21.9 19.7 Master Bedroom 18.0 22.9 26.4 24.8 26.9 Kitchen 23.0 19.7 16.9 21.8 23.6 Master Bedroom 17.8 24.6 21.0 a. Develop a point estimate of the difference between the population mean remodeling costs of kitchens and master bedrooms. (Enter negative values as negative numbers. Report in thousands of dollars with no commas in your answer.) Point estimate = $ thousand b. Develop a 90% confidence interval for the difference between the two population means. (to 1 decimal and enter negative values as negative numbers) ) in thousands of dollars.Periodically, customers of a financial services company are asked to evaluate the company's financial consultants and services. Higher ratings on the client satisfaction survey indicate better service, with 7 the maximum service rating. Independent samples of service ratings for two financial consultants are summarized here. Consultant A has 10 years of experience, whereas consultant B has 1 year of experience. Use ? = 0.05 and test to see whether the consultant with more experience has the higher population mean service rating. Assume the population variances are unequal. Consultant A Consultant B n1 = 16 n2 = 10 x1 = 6.85 x2 = 6.25 s1 = 0.69 s2 = 0.75 (a) State the null and alternative hypotheses. -H0:?1 − ?2 = 0 Ha:?1 − ?2 = 0 -H0:?1 − ?2 > 0 Ha:?1 − ?2 = 0 -H0:?1 − ?2 ≠ 0 Ha:?1 − ?2 = 0 -H0:?1 − ?2 = 0 Ha:?1 − ?2 > 0 -H0:?1 − ?2 = 0 Ha:?1 − ?2 ≠ 0 (b) Compute the value of the test statistic. (Round your answer to three decimal places.)…
- Students at a major university in Southern California are complaining about a serious housing crunch. They are stating that many of the university's students have to commute too far to school because there is not enough housing near campus. The university officials' response is to perform a study. The study, reported in the school newspaper, contains the following histogram summarizing the commute distances for a sample of 100 students at the university. Relative frequency 0.3+ 0.2- 0.1+ 0.0 0 0.24 4 0.26 0.18 0.14 8 12 16 Commute distance (in miles) X 0.12 20 0.06 24 Based on the histogram, find the proportion of commute distances in the sample that are greater than or equal to 20 miles. Write your answer as a decimal, and do not round your answer.The director of student services at Oxnard College is interested in whether women are less likely to attend orientation than men before they begin their coursework. Arandom sample of freshmen at Oxnard College were asked what their gender is and whether they attended orientation. The results of the survey are shown below: Data for Gender vs. Orientation Attendance Women Men Yes 335 No 314 392 344 What can be concluded at the a = 0.10 level of significance? For this study, we should use Select an answer a. The null and alternative hypotheses would be: Select an answer Select an answer v (please enter a decimal and note that Họ: Select an answer p1 and ul represent the proportion and mean for women and p2 and µ2 represent the proportion and mean for men.) H1: Select an answer Select an answer Select an answer | (Please enter a decimal) b. The test statistic (please show your answer to 3 decimal places.) c. The p-value = d. The p-value is ?a e. Based on this, we should Select an answer f.…A ski company in Vail owns two ski shops, one on the west side and one on the east side of Vail. Ski hat sales data (in dollars) for a random sample of 5 Saturdays during the ski season showed the following results. Is there a significant difference in sales dollars of hats between the west side and east side stores at the 10 percent level of significance? Saturday Sales Data ($) for Ski Hats Saturday East Side Shop West Side Shop 1 548 523 2 493 721 3 609 695 4 567 510 5 432 532 Click here for the Excel Data File (a) Choose the appropriate hypotheses. Assume μd is the difference in average sales between the east side shop and west side shop. a. H0: μd = 0 versus H1: μd ≠ 0.b. H0: μd ≠ 0 versus H1: μd = 0. multiple choice a b Ski Hat Sales on Five Consecutive Saturdays (n = 5) Saturday East Side West Side 1 548 523 2 493 721 3 609 695 4 567 510 5 432 532
- Vaughn Family Instruments makes cellos. During the past year, the company made 6,560 cellos even though the budget planned for only 5,710. The company paid its workers an average of $20 per hour, which was $0.50 higher than the standard labor rate. The production manager budgets 4 direct labor hours per cello. During the year, a total of 24,450 direct labor hours were worked.(a) Calculate the direct labor rate and efficiency variances. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.) Direct labor rate variance $enter the direct labor rate variance in dollars select an option Direct labor efficiency variance $A ski company in Vail owns two ski shops, one on the west side and one on the east side of Vail. Ski hat sales data (in dollars) for a random sample of 5 Saturdays during the ski season showed the following results. Is there a significant difference in sales dollars of hats between the west side and east side stores at the 10 percent level of significance? Saturday Sales Data ($) for Ski Hats Saturday East Side Shop West Side Shop 1 548 523 2 493 721 3 609 695 4 567 510 5 432 532 Click here for the Excel Data File (b) State the decision rule for 10 percent level of significance. (Round your answers to 3 decimal places.) (c-1) Find the test statistic tcalc. (Round your answer to 2 decimal places. A negative value should be indicated by a minus sign.) (c-2) What is your conclusion? Ski Hat Sales on Five Consecutive Saturdays (n = 5) Saturday East Side West Side 1 548 523 2 493 721 3 609 695…Periodically, customers of a financial services company are asked to evaluate the company's financial consultants and services. Higher ratings on the client satisfaction survey indicate better service, with 7 the maximum service rating. Independent samples of service ratings for two financial consultants are summarized here. Consultant A has 10 years of experience, whereas consultant B has 1 year of experience. Use a = 0.05 and test to see whether the consultant with more experience has the higher population mean service rating. Assume the population variances are unequal. Consultant A Consultant B n1 = 16 n2 10 X1 = 6,81 X2 = 6.25 %3D S1 = 0.68 S2 = 0.75 (a) State the null and alternative hypotheses. O Hoi H1 - H2 = 0 Hai H1- Hz>0 O Ho: H1 - 42 = 0 Hại H1 - H2# 0 O Ho: H1 - H2 > 0 %3D Ha: H1 - H2 = 0 O Ho: H1 - Hz # 0 Hai Hy - Hz = 0 Hoi H1 - H2 = Hai H1- H2 = 0 (b) Compute the value of the test statistic. (Round your answer to three decimal places.) 19.191 (c) What is the p-value?…