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aaronbud590 aaronbud590
wrote...
Posts: 359
Rep: 0 1
6 years ago
The Hawkins Company randomly samples 10 items from every large batch before the batch is packaged and shipped. According to the contract specifications, 5 percent of the items shipped can be defective.
 
  If the inspectors find 1 or fewer defects in the sample of 10, they ship the batch without further inspection. If they find 2 or more, the entire batch is inspected. Based on this sampling plan, the probability that a batch that meets the contract requirements will be shipped without further inspection is approximately .9139. Indicate whether the statement is true or false

Q. 2

The branch manager for United Savings and Loan in Seaside, Virginia, has worked with her employees in an effort to reduce the waiting time for customers at the bank.
 
  Recently, she and the team concluded that average waiting time is now down to 3.5 minutes with a standard deviation equal to 1.0 minute. However, before making a statement at a managers' meeting, this branch manager wanted to double-check that the process was working as thought. To make this check, she randomly sampled 25 customers and recorded the time they had to wait. She discovered that mean wait time for this sample of customers was 4.2 minutes. Based on the team's claims about waiting time, what is the probability that a sample mean for n = 25 people would be as large or larger than 4.2 minutes?
  A) 0.0214
  B) 0.0512
  C) 0.0231
  D) 0.0011

Q. 3

A study recently conducted by a marketing firm analyzed three different advertising designs and four different income levels of potential customers.
 
  At each combination of factor A and factor B, 5 customers are observed and the number of products produced are recorded. The total number of degrees of freedom associated with this two-factor ANOVA design is 59. Indicate whether the statement is true or false

Q. 4

A company that makes and markets a device that is aimed at helping people quit smoking claims that at least 70 percent of the people who have used the product have quit smoking. To test this, a random sample of n = 100 product users was selected.
 
  Of these, 65 people were found to have quit smoking. Given these results, the test statistic value is z = -1.0911. Indicate whether the statement is true or false
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Replies
wrote...
6 years ago
Ans. #1

TRUE

Ans. #2

D

Ans. #3

TRUE

Ans. #4

TRUE
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