Use a .01 level of significance to test if there is a, Ask an Expert

Economics

Three assembly lines are used to produce a certain component for an airliner. To examine the production rate, a random sample of six hourly periods is chosen for each assembly line and the number of components produced during these periods for each line is recorded. The output from a statistical software package is:

Summary

Groups Count Sum Average Variance
Line A 6 250 41.66667 0.266667
Line B 6 260 43.33333 0.666667
Line C 6 249 41.5 0.7

a. Use a .01 level of significance to test if there is a difference in the mean production of the three assembly lines.

b. Develop a 99% confidence interval for the difference in the means between Line B and Line C..

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M9284460

Have any Question?Write your Review or question?

Related Questions in Business Economics

A research group needs to determine a 90 confidence

A research group needs to determine a 90% confidence interval for the mean repair cost for all car insurance small claims. From past research, it is known that the standard deviation of such claims amounts to $124.88. (a ...

Suppose that the government gives a 10 per unit subsidy to

Suppose that the government gives a $10 per unit subsidy to sellers of Humbugs. The pre-subsidy price of Humbugs was $50. There are no additional social benefits to encouraging the consumption of Humbugs. If, at the orig ...

A firm undergoes a learning curve over its first few years

A firm undergoes a learning curve over its first few years of existence In its first year, its cost function is C(Q)= 128 + 3Q + 2q 2 with MC= 3 + 4Q In its second year, its cost function is C(Q)= 100 + 2Q + q 2 with ...

Why would a policy of re-importation of prescription drugs

Why would a policy of re-importation of prescription drugs be ineffective?

Graph needs to be includedmost graduate schools of business

Graph needs to be included. Most graduate schools of business require applicants for admission to take the GMAT, the Graduate Management Admission Test. Scores on the GMAT are roughly normally distribute with a mean of 5 ...

In a survey of 2936 adults 1431 say they have started

In a survey of 2936 adults, 1431 say they have started paying bills online in the last year. Construct a 99% confidence interval for the population proportion. A 99% confidence interval for the population proportion is ( ...

According to the polk company a survey of households using

According to the Polk Company, a survey of households using the Internet in buying or leasing cars reported that 81% were seeking information about prices. In addition, 44% were seeking information about products offered ...

How the manager use the information supposed the

How the Manager use the information "supposed the macroeconomic forecast predict that the economy will be expanding in the near future" in an organization?

Inbspa statistics instructor wants to measure the

I. A statistics instructor wants to measure the effectiveness of his teaching skills in a class of 66 students ( N = 66). He selects students by waiting at the door to the classroom prior to his lecture and pulling asi ...

What is the theory of consumer choice and how it consumers

What is the theory of consumer choice and how it consumers facing trade-offs make decisions and how they respond to changes in their environment?

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

Recent Questions

Ask Business Economics Expert