STAT TECH IN BUSINESS & ECON LL\AC
18th Edition
ISBN: 9781264720545
Author: Lind
Publisher: MCG
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Chapter 19, Problem 38CE
a.
To determine
Find the probabilities of accepting lots that are 10%, 20%, and 30% defective.
b.
To determine
Find the probability of accepting a lot that is 15% defective.
c.
To determine
Check whether the probability of accepting a lot which is 5% defective is more than 90% or not.
Construct an OC curve for this sampling plan.
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Could you please answer this question using excel. For 1a) I got 84.75 and for part 1b) I got 85.33 and was wondering if you could check if my answers were correct. Thanks
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1. One Sample T-Test: Determine whether the average satisfaction rating of customers for a product is significantly different from a hypothetical mean of 75.
(Hints: The null can be about maintaining status-quo or no difference; If your alternative hypothesis is non-directional (e.g., μ≠75), you should use the two-tailed p-value from excel file to make a decision about rejecting or not rejecting null. If alternative is directional (e.g., μ < 75), you should use the lower-tailed p-value. For alternative hypothesis μ > 75, you should use the upper-tailed p-value.)
H0 =
H1=
Conclusion: The p value from one sample t-test is _______. Since the two-tailed p-value…
Using the accompanying Accounting Professionals data to answer the following questions.
a. Find and interpret a 90% confidence interval for the mean years of service.
b. Find and interpret a 90% confidence interval for the proportion of employees who have a graduate degree.
view the Accounting Professionals data.
Employee Years of Service Graduate Degree?1 26 Y2 8 N3 10 N4 6 N5 23 N6 5 N7 8 Y8 5 N9 26 N10 14 Y11 10 N12 8 Y13 7 Y14 27 N15 16 Y16 17 N17 21 N18 9 Y19 9 N20 9 N
Question content area bottom
Part 1
a. A 90% confidence interval for the mean years of service is
(Use ascending order. Round to two decimal places as needed.)
Chapter 19 Solutions
STAT TECH IN BUSINESS & ECON LL\AC
Ch. 19 - The Rouse Home, located on the south side of...Ch. 19 - Tom Sharkey is the owner of Sharkey Chevy, Buick,...Ch. 19 - Out of 110 diesel engines tested, a rework and...Ch. 19 - The manager of River City McDonalds randomly...Ch. 19 - Describe the difference between assignable...Ch. 19 - Describe the difference between an attribute...Ch. 19 - Samples of size n = 4 are selected from a...Ch. 19 - Samples of size 5 are selected from a...Ch. 19 - A new industrial oven has just been installed at...Ch. 19 - Refer to Exercise 7. a. On the basis of this...
Ch. 19 - Auto-Lite Company manufactures car batteries. At...Ch. 19 - Below is a p-chart for a manufacturing process. a....Ch. 19 - Inter-State Moving and Storage Company is setting...Ch. 19 - A bicycle manufacturer randomly selects 10 frames...Ch. 19 - During the process of producing toilet paper,...Ch. 19 - Sams Supermarkets monitors the checkout scanners...Ch. 19 - Dave Christi runs a car wash chain with outlets...Ch. 19 - Compute the probability of accepting a lot of DVDs...Ch. 19 - Determine the probability of accepting lots that...Ch. 19 - Determine the probability of accepting lots that...Ch. 19 - Warren Electric manufactures fuses for many...Ch. 19 - Grills Video Products purchases LCDs from Mira...Ch. 19 - The production supervisor at Westburg Electric...Ch. 19 - The manufacturer of running shoes conducted a...Ch. 19 - At Rumseys Old Fashion Roast Beef, cola drinks are...Ch. 19 - A new machine has just been installed to produce...Ch. 19 - Long Last Tire Company, as part of its inspection...Ch. 19 - Charter National Bank has a staff of loan officers...Ch. 19 - Prob. 25CECh. 19 - Early Morning Delivery Service guarantees delivery...Ch. 19 - An automatic machine produces 5.0-millimeter bolts...Ch. 19 - Steele Breakfast Foods Inc. produces a popular...Ch. 19 - An investor believes there is a 5050 chance that a...Ch. 19 - Lahey Motors specializes in selling cars to buyers...Ch. 19 - A process engineer is considering two sampling...Ch. 19 - Christina Sanders is a member of the womens...Ch. 19 - Erics Cookie House sells chocolate chip cookies in...Ch. 19 - The numbers of near misses recorded for the last...Ch. 19 - Prob. 35CECh. 19 - Swiss Watches, Ltd. purchases watch stems for...Ch. 19 - Automatic Screen Door Manufacturing Company...Ch. 19 - Prob. 38CE
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