Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

A maintenance engineer has been approached by a supplier who promises less downtime for machines using its new molybdenum-based super lubricant. Of 120 machines maintained with the new lubricant, only 20% were out of service for more than an hour during the month of the test, while 30% of the 100 machines using the previous lubricant were down for more than an hour.

Using the 0.05 level in an appropriate test, evaluate the supplier's contention. Using the appropriate statistical table, what is the approximate p-value for this test?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92217671

Have any Question?


Related Questions in Statistics and Probability

Question you are throwing a party and fill a bowl with 63

Question: You are throwing a party and fill a bowl with 63 ounces of punch. Suppose the expected size of each cup of punch is 2 ounces and the standard deviation of the size of a cup of punch is A ounce and each cup is p ...

Determine the internal rate of return for a project that

Determine the internal rate of return for a project that costs -$149,500 and would yield after-tax cash flows of $23,000 the first year, $25,000 the second year, $28,000 the third year, $30,000 the fourth year, $34,000 t ...

Suppose a firm uses sales teams to market their products

Suppose a firm uses sales teams to market their products. For example, a construction equipment manufacturer may assign three sales agents to a team so each team member can specialize in particular product functions (e.g ...

The number of people arriving for treatment at an emergency

The number of people arriving for treatment at an emergency room can be modeled by a Poisson process with a mean of 7 people per hour. How many people do you expect to arrive during a 55-minute period?

Explain how the company newmans own brand fulfills the

Explain how the company Newman's Own brand fulfills the definition of a business for profit and a non-profit business at the same time. Consider in the response the functions of business, entrepreneurship and production ...

The following are amounts of time minutes spent on hygiene

The following are amounts of time (minutes) spent on hygiene and grooming in the morning by survey respondents (based on data from an SCA survey). 15, 16, 18, 25, 26, 30, 32, 41, 45, 55, 63. Does the number 63 appear unu ...

An automobile accidents occur over a 72 hour holiday period

An automobile accidents occur over a 72 hour holiday period are like events in a poisson process with = 10 per hour. Let Y be the time for the first accident. a) What is the mean of Y and variance of Y? b) Find P(Y > 15 ...

For the pastnbsp110nbspyears a certain state

For the past 110 ?years, a certain state suffered 28 direct hits from major? (category 3 to? 5) hurricanes. Assume that this was typical and the number of hits per year follows a Poisson distribution. Complete parts? (a) ...

For the dataset38 39 41 42 42 43 43 45 45 47 50 50 51 51 53

For the dataset 38, 39, 41, 42, 42, 43, 43, 45, 45, 47, 50, 50, 51, 51, 53, 54 Without doing any calculations, estimate which of the following numbers is closest to the mean.

A laboratory worker finds that the 3 of his blood samples

A laboratory worker finds that the 3% of his blood samples test positive for the HIV virus. In a random sample of 70 blood tests, what is the mean number that test positive for the HIV virus? (Round your answer to 1 deci ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As