QUESTION 3 JamSoft, a computer games development company plans to roll out a new educational game software for Jamaica elementary schools. However, they need to ascertain the production time (measured in labor-hours) to produce the game software. For a random sample of 20 computer games, the mean time is found to be 40,000 labor-hours. The population standard deviation is known to be 5000 labor-hours and the distribution of production times is normal. a) Construct a 98% confidence interval for the mean production time to produce a computer game. b) Explain why we need to make the confidence interval. Why is it not correct to say that the average production time needed to produce all computer games is 40,000 labor-hours?
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- In a psychology journal, researchers reported that a chief executive officer's facial structure can be used to predict a firm's financial performance. The study involved measuring the facial width-to-height ratio (WHR) for each in a sample of 69 CEOS at publicly traded Fortune 500 firms. These WHR values (determined by computer analyzing a photo of the CEO's face) had a mean of x= 2.03 and a standard deviation of s = 0.17. Use this information to complete parts a and b below. a. Find and interpret a 90% confidence interval for u, the mean facial WHR for all CEOS at publicly traded Fortune 500 firms. (Round to three decimal places as needed.) O A. The 90% confidence interval for mean facial WHR indicates that the true mean facial WHR for all CEOS at publicly traded Fortune 500 firms is between and with 90% confidence. O B. The 90% confidence interval for mean facial WHR indicates that the true mean facial WHR for the CEOS in the sample is between and with 90% confidence. O C. The 90%…3. A principal wishes to estimate the average number ofhours students spend dolngbomework per week. The standard deviaton from a prevlous study is 4.5 hours. How large a sample must be selected if he wants to be 95% confident of finding whether the true mean differes from the sample mean by 2.1 hours?Please answer part d), e) and f)
- According to previous studies, the mean distance each visitor in Greenspan National Park hikes during their visit is 21 kilometers. The park recently closed its shuttle system, which used to transport hikers to many of the park's most popular hiking trails. Because of this, an administrator at the park suspects the mean distance, H, is now less than 21 kilometers. The administrator chooses a random sample of 85 visitors. The mean distance hiked for the sample is 20.5 kilometers. Assume the population standard deviation is 8.3 kilometers. Can the administrator conclude that the mean distance hiked by each visitor is now less than 21 kilometers? Perform a hypothesis test, using the 0.10 level of significance. (a) State the null hypothesis H, and the alternative hypothesis H. OSO D-O ? (b) Perform a Z-test and find the p-value. Here is some information to help you with your Z-test. • The value of the test statistic is given by • The p-value is the area under the curve to the left of the…. A process that cuts lengths of metal with high precision has historically produced metal rods with length that is normally distributed and with a mean of 800 millimetres (mm). Management at the factory is concerned that after an overhaul of the machine the mean length of the rods being produced could differ from the required 800 mm. If it is found that the rods are not being produced to specifications then the machine will have to be stopped for readjustment, with a consequent loss of production. The production line manager tasked with investigating the issue finds that a (random) sample of 25 rods yielded a mean length of 806 mm and a sample standard deviation of 10 mm. i. The mean of the sample is clearly not the required 800 mm. Say why this is not enough information in itself to say if the machine is operating correctly or not. ii. State the null and alternative hypotheses for this situation.An environmental group conducted a study to determine whether crows in a certain region were ingesting food containing unhealthy levels of lead. A biologist classified lead levels greater than 6.0 parts per million (ppm) as unhealthy and that the distribution of the population of crows was Normally distributed. The lead levels of a random sample of 23 crows in the region were measured and recorded. The mean lead level of the 23 crows in the sample was 4.90 ppm and the standard deviation was 1.12 ppm. B.A previous study of crows showed that the population standard deviation was at 2.6 ppm. What minimum sample size would be required to construct a 90 percent confidence interval to have a margin of error within 0.03?
- Prices of basic commodities are often greatly affected by typhoons. During the aftermath of recent typhoon, the prices of tilapia were reported to have been sold at ₱20 – ₱25 more per kilogram at local wet markets. However, the price was back to its normal mean price at ₱100 per kilo one week after. If a random sample of 10 tilapia sales transactions from local wet markets have prices (in pesos per kilo) of 107, 115, 130, 95, 100, 105, 98, 116, 104, 100. Assuming that the tilapia prices are normally distributed, is there sufficient evidence to say that the mean price of tilapia in these markets is greater than ₱100? Use a 0.05 level of significance. State the null and alternative hypotheses: Ho: ________ (symbols) Ho: _______________________________ (statement) Ha: _________ (symbols) Ha: _______________________________ (statement)According to previous studies, the mean distance each visitor in Greenspan National Park hikes during their visit is 30 kilometers. The park recently closed its shuttle system, which used to transport hikers to many of the park's most popular hiking trails. Because of this, an administrator at the park suspects the mean distance, u, is now less than 30 kilometers. The administrator chooses a random sample of 45 visitors. The mean distance hiked for the sample is 27.2 kilometers. Assume the population standard deviation is 9.9 kilometers. Can the administrator conclude that the mean distance hiked by each visitor is now less than 30 kilometers? Perform a hypothesis test, using the 0.10 level of significance. (a) State the null hypothesis H, and the alternative hYpothesis H,. OAccording to previous studies, the mean distance each visitor in Greenspan National Park hikes during their visit is 21 kilometers. The park recently closed its shuttle system, which used to transport hikers to many of the park's most popular hiking trails. Because of this, an administrator at the park suspects the mean distance, u, is now less than 21 kilometers. The administrator chooses a random sample of 85 visitors. The mean distance hiked for the sample is 20.5 kilometers. Assume the population standard deviation is 8.3 kilometers. Can the administrator conclude that the mean distance hiked by each visitor is now less than 21 kilometers? Perform a hypothesis test, using the 0.10 level of significance. (a) State the null hypothesis H and the alternative hypothesis H . H: 0 OConsider two data sets from sampled populations, one with a high standard deviation and one with a low standard deviation. All else being equal, which dataset would have a lower probability of a Type One error?a) Determine the values of * and **. b) Give the unbiased point estimate for the average monthly earning from Hyundai Vehicles. c) Give the unbiased point estimate for the variance of monthly earning from Hyundai Vehicles.Recommended textbooks for youMATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th…StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C…StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage LearningElementary Statistics: Picturing the World (7th E…StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. FreemanMATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th…StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C…StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage LearningElementary Statistics: Picturing the World (7th E…StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman