The following data corresponds to the weekly registration of 10 different companies, in the specified items. The data is recorded in dollars. a) Make a 95% confidence estimate for the expected investment in each of those items. Write down the interpretation of the result. b) What is the estimation error in each case? c) According to the results of subparagraph a), in which item are you expected to have a greater investment?

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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The following data corresponds to the weekly registration of 10 different companies, in the specified items. The data is recorded in dollars.

  1. a) Make a 95% confidence estimate for the expected investment in each of those items. Write down the interpretation of the result.
  2. b) What is the estimation error in each case?
  3. c) According to the results of subparagraph a), in which item are you expected to have a greater investment?
Company
1
2
3
4
5
6
7
8
9
10
Investment in
preventive
maintenance
800
1500
2000
1325
1400
225
784
3000
910
430
Expenses for
corrective
maintenance
500
200
100
700
1500
2000
15
200
1840
3200
Transcribed Image Text:Company 1 2 3 4 5 6 7 8 9 10 Investment in preventive maintenance 800 1500 2000 1325 1400 225 784 3000 910 430 Expenses for corrective maintenance 500 200 100 700 1500 2000 15 200 1840 3200
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