Statistics for Business & Economics (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
Statistics for Business & Economics (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
13th Edition
ISBN: 9781305585317
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
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Textbook Question
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Chapter 10, Problem 1CP

One of the researchers voiced concern about the effect of the new coating on driving distances. Par would like the new cut-resistant ball to offer driving distances comparable to those of the current-model golf ball. To compare the driving distances for the two balls, 40 balls of both the new and current models were subjected to distance tests. The testing was performed with a mechanical hitting machine so that any difference between the mean distances for the two models could be attributed to a difference in the two models. The results of the tests, with distances measured to the nearest yard, follow. These data are available on the website that accompanies the text.

Chapter 10, Problem 1CP, One of the researchers voiced concern about the effect of the new coating on driving distances. Par

Managerial Report

  1. 1. Formulate and present the rationale for a hypothesis test that Par could use to compare the driving distances of the current and new golf balls.
  2. 2. Analyze the data to provide the hypothesis testing conclusion. What is the p-value for your test? What is your recommendation for Par, Inc.?
  3. 3. Provide descriptive statistical summaries of the data for each model.
  4. 4. What is the 95% confidence interval for the population mean driving distance of each model, and what is the 95% confidence interval for the difference between the means of the two populations?
  5. 5. Do you see a need for larger sample sizes and more testing with the golf balls? Discuss.

1.

Expert Solution
Check Mark
To determine

State the null and alternative hypothesis.

Answer to Problem 1CP

Null hypothesis: H0:μ1μ2=0.

Alternative hypothesis: Ha:μ1μ20.

Explanation of Solution

Calculation:

The data represents the results of the tests, with distances measured to the nearest yard for the new model and current model.

Here, Difference=currentnew

State the hypotheses:

Null hypothesis:

H0:μ1μ2=0

That is, there is no difference between the driving distances of the current and new golf balls.

Alternative hypothesis:

Ha:μ1μ20

That is, there is a difference between the driving distances of the current and new golf balls.

2.

Expert Solution
Check Mark
To determine

Find the p-value and provide conclusion.

Answer to Problem 1CP

The p-value is 0.188.

There is sufficient evidence to conclude that, there is no difference between the driving distances of the current and new golf balls.

Explanation of Solution

Calculation:

The test statistic for hypothesis tests about μ1μ2 when σ1 and σ2 are known is,

z=(x¯1x¯2)D0σ12n1+σ22n2

Software procedure:

Step-by-step software procedure to obtain the confidence interval using MINITAB software is as follows:

  • Choose Stat > Basic Statistics > 2 sample t.
  • Choose Samples in columns.
  • In First column enter Current.
  • In Second column enter New.
  • Choose Options.
  • In Confidence level, enter 95.
  • In Alternative, select not equal.
  • Click OK in all the dialogue boxes.

Output using MINTAB software is as follows:

Statistics for Business & Economics (with XLSTAT Education Edition Printed Access Card) (MindTap Course List), Chapter 10, Problem 1CP , additional homework tip  1

Thus, the test statistic is 1.28 and the p-value is 0.188.

Decision rule based on p-value approach:

If p-value ≤ α, then reject the null hypothesis H0.

If p-value > α, then fail to reject the null hypothesis H0.

Conclusion:

Here, the p-value is 0.188 is greater than the significance level 0.05.

That is, p-value(0.188)>α(0.05)

Thus, the null hypothesis is not rejected.

Therefore, there is sufficient evidence to conclude that, there is no significant difference between the driving distances of the current and new golf balls.

3.

Expert Solution
Check Mark
To determine

Find the descriptive statistical summaries of the data for each model.

Explanation of Solution

Calculation:

Descriptive statistics for current and new model:

Software procedure:

Step-by-step software procedure to obtain the descriptive statistics using MINITAB software is as follows,

  • Choose Stat > Basic Statistics > Display Descriptive Statistics.
  • In Variables enter Current and New.
  • In Statistics select Mean. SE Mean, StDev, Variance, CoefVar, Q1, Median, Q3, Maximum, IQR.
  • Click OK in all the dialogue boxes.

Output using MINITAB software is as follows

Statistics for Business & Economics (with XLSTAT Education Edition Printed Access Card) (MindTap Course List), Chapter 10, Problem 1CP , additional homework tip  2

From the output, it can be observed that the mean and median for “current model” is larger than the “new model”. The variance and standard deviation and IQR for “current model” is smaller than “new model”. This indicates that the current model has less variability.

4.

Expert Solution
Check Mark
To determine

Find the 95% confidence interval for the population mean driving distance of each model.

Find the 95% confidence interval for the difference between the means of the two populations.

Answer to Problem 1CP

The 95% confidence interval for current is (267.48,273.07).

The 95% confidence interval for new is (264.33,270.67).

The 95% confidence interval for the different between the means of the two populations is (1.39,6.94).

Explanation of Solution

Calculation:

Confidence interval for Current:

Software procedure:

Step-by-step software procedure to obtain the confidence interval using MINITAB software is as follows,

  • Choose Stat > Basic Statistics > 1 Sample t.
  • In Samples in columns enter Current.
  • Choose Options.
  • In Confidence level, enter 95.
  • In Alternative, select not equal.
  • Click OK in all the dialogue boxes

Output using MINITAB software is as follows

Statistics for Business & Economics (with XLSTAT Education Edition Printed Access Card) (MindTap Course List), Chapter 10, Problem 1CP , additional homework tip  3

Thus, the 95% confidence interval for current is (267.48,273.07).

Confidence interval for New:

Software procedure:

Step-by-step software procedure to obtain the confidence interval using MINITAB software is as follows,

  • Choose Stat > Basic Statistics > 1 Sample t.
  • In Samples in columns enter New.
  • Choose Options.
  • In Confidence level, enter 95.
  • In Alternative, select not equal.
  • Click OK in all the dialogue boxes

Output using MINITAB software is as follows

Statistics for Business & Economics (with XLSTAT Education Edition Printed Access Card) (MindTap Course List), Chapter 10, Problem 1CP , additional homework tip  4

Thus, the 95% confidence interval for new is (264.33,270.67).

Confidence interval for different between the means of the two populations:

Software procedure:

Step-by-step software procedure to obtain the confidence interval using MINITAB software is as follows,

  • Choose Stat > Basic Statistics > 2 Sample t.
  • Choose Samples in different columns.
  • In First enter Current.
  • In Second enter New
  • Choose Options.
  • In Confidence level, enter 95.
  • In Alternative, select not equal.
  • Click OK in all the dialogue boxes

Output using MINITAB software is as follows

Statistics for Business & Economics (with XLSTAT Education Edition Printed Access Card) (MindTap Course List), Chapter 10, Problem 1CP , additional homework tip  5

Thus, the 95% confidence interval for the difference between the means of the two populations is (1.39,6.94).

5.

Expert Solution
Check Mark
To determine

Explain whether there is any need for larger sample sizes and more testing with the golf balls.

Answer to Problem 1CP

No, there is no need for larger sample sizes and there is no need for more testing with the gold balls.

Explanation of Solution

Justification:

From part (2), the null hypothesis not rejected. That is, there is no difference between the driving distances of the current and new golf balls.

Since, the confidence interval for difference between the means of the two populations contains “0” it indicates that there is no difference between the driving distances of the current and new golf balls.

For larger sample size also, the hypotheses test and confidence interval provide the similar results.

Hence, there is need for larger sample sizes and more testing with the golf balls.

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Chapter 10 Solutions

Statistics for Business & Economics (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)

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