Compute the power of the test
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In May, overhead was overapplied by $490. The company adjusts its cost of goods sold every month for the amount of the overhead that was underapplied or overapplied.
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Compute the power of the test if the true mean diameter is 1.495 inches. (c) What sample size would be required to detect a true mean diameter as low as 1.495 inches if we wanted the power of the test to be at least 0.9?
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When determining the sample size needed to achieve a particular error estimate you need to know sigma. What are two methods of estimating sigma if sigma is unknown?
A soft-drink dispensing machine is said to be out of control if the variance of the contents exceeds 1.15 deciliters. If a random sample of 25 drinks from this machine has a variance of 2.03 deciliters, does this indicate at the 0.05 level of sign
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