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Persons submitting computing jobs to a computer center usually are required to estimate the amount of computer time required to complete the job. This time is measured in CPUs, the amount of time that a job will occupy a portion of the computer's central processing unit's memory. A computer center decided to perform a comparison of the estimated versus actual CPU times for a particular customer. The corresponding times were available for 11 jobs. The sample data are given in the accompanying table.

CPU Time

Job Number

 

 

 

 

 

 

 

 

 

 

 

(minutes)

I

2

3

4

5

6

7

8

9

10

11

Estimated

.50

1.40

.95

.45

.75

1.20

1.60

2.6

1.30

.85

.60

Actual

.46

132

.99

.53

.71

1.31

149

2.9

1.41

.83

.74

a Why would you expect that the observations within each of these pairs of data to be correlated?

b Do the data provide sufficient evidence to indicate that, on the average, the customer tends to underestimate the CPU time required for computing jobs? Test using α=.10.

c Find the observed significance level for the test and interpret its value.

d Find a 90% confidence interval for the difference in mean estimated CPU time versus mean actual CPU time.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91753243

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