The T.V.'s original price was $420. It was on sale for 40% off. What is the sale price?
2 answers:
You might be interested in
Answer:
95% confidence interval for the mean of tensile strength after the machine was adjusted is [73.68 kg/mm2 , 74.88 kg/mm2].
Yes, this data suggest that the tensile strength was changed after the adjustment.
Step-by-step explanation:
We are given that the tensile strength of stainless steel produced by a plant has been stable for a long time with a mean of 72 kg/mm 2 and a standard deviation of 2.15.
A machine was recently adjusted and a sample of 50 items were taken to determine if the mean tensile strength has changed. The mean of this sample is 74.28. Assume that the standard deviation did not change because of the adjustment to the machine.
Firstly, the pivotal quantity for 95% confidence interval for the population mean is given by;
P.Q. = ~ N(0,1)
where, = sample mean strength of 50 items = 74.28
= population standard deviation = 2.15
n = sample of items = 50
= population mean tensile strength after machine was adjusted
<em>Here for constructing 95% confidence interval we have used One-sample z test statistics as we know about population standard deviation.</em>
So, 95% confidence interval for the population mean, is ;
P(-1.96 < N(0,1) < 1.96) = 0.95 {As the critical value of z at 2.5% level of
significance are -1.96 & 1.96}
P(-1.96 < < 1.96) = 0.95
P( <
<
) = 0.95
P( <
<
) = 0.95
<u><em>95% confidence interval for</em></u> = [
,
]
= [ ,
]
= [73.68 kg/mm2 , 74.88 kg/mm2]
Therefore, 95% confidence interval for the mean of tensile strength after the machine was adjusted is [73.68 kg/mm2 , 74.88 kg/mm2].
<em>Yes, this data suggest that the tensile strength was changed after the adjustment as earlier the mean tensile strength was 72 kg/mm2 and now the mean strength lies between 73.68 kg/mm2 and 74.88 kg/mm2 after adjustment.</em>