The accuracy of a coin-counter machine is gauged to accept nickels with a mean diameter of millimeters 21.21 mm. A sample of 44 nickles was drawn from a reported defective coin-counter machine located near a school. The sample had a sample mean of 21.213 mm and sample standard deviation 0.008 mm. Test the claim that the mean nickel diameter accepted by this coin-counter machine is greater than 21.21 mm. Test at the 0.01 significance level.
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
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