Question

11. (13 pts) A systems specialist has studied the work-flow of clerks who do the same inventory work. Based on this study, sh

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Using Excel, go to Data, select Data Analysis, choose t-Test: Two-Sample Assuming Unequal Variances.

Old New
Mean 105.500 113.333
Variance 169.100 267.867
Observations 6 6
Hypothesized Mean Difference 0
df 10
t Stat -0.918
P(T<=t) one-tail 0.190
t Critical one-tail 1.812
P(T<=t) two-tail 0.380
t Critical two-tail 2.228

a. H0: µ1 > µ2, New system does not increase the mean number of items process per shift

H1: µ1 < µ2, New system increases the mean number of items process per shift

Left-tailed

b. Student's t

Test statistic = -0.918

c. p-value = 0.190 (one-tail)

d. Since p-value is more than 0.05, we fail to reject the null hypothesis.

So, new system does not increase the mean number of items process per shift.

Add a comment
Know the answer?
Add Answer to:
11. (13 pts) A systems specialist has studied the work-flow of clerks who do the same...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • A new bus route....... A new bus route has been established between downtown Denver and Englewood,...

    A new bus route....... A new bus route has been established between downtown Denver and Englewood, a stburb of Denver. Dan has taken the bus to work for many years. For the old bus route, he knows from long experience that the mearn waiting time between buses at his stop wasu 18.3 minutes. However, a random sample of 5 waiting times between buses using the new route had mean F 15.1 minutes with sample standard deviation s -6.2 minutes. Does...

  • QUESTION 3 A production facility has a constant flow of truck drivers that pickup products to...

    QUESTION 3 A production facility has a constant flow of truck drivers that pickup products to deliver to customers. Recently, they have installed a new automatic gate system. Occasionally, truck drivers have issues either entering or exiting the facility using the automatic gate system. Over the course of one week, the production facility randomly selected 8 truck drivers. The random sample showed an average of 4.5 (with a standard deviation of 3.3) issues with entry into the facility and an...

  • The price to earnings ratio (P/E) is an important tool in financial work. A random sample...

    The price to earnings ratio (P/E) is an important tool in financial work. A random sample of 14 large U.S. banks (J. P. Morgan, Bank of America, and others) gave the following P/E ratios.† 24 16 22 14 12 13 17 22 15 19 23 13 11 18 The sample mean is x ≈ 17.1. Generally speaking, a low P/E ratio indicates a "value" or bargain stock. Suppose a recent copy of a magazine indicated that the P/E ratio of...

  • The president of the company you work for has asked you to evaluate the proposed acquisition...

    The president of the company you work for has asked you to evaluate the proposed acquisition of a new chromatograph for the firm’s R&D department. The equipment’s basic price is $85,000, and it would cost another $20,000 to modify it for special use by your firm. The chromatograph, which falls into the MACRS 3-year class, would be sold after 3 years for $40,000. The MACRS rates for the first three years are 0.3333, 0.4445, and 0.1481. Use of the equipment...

  • Your Assignment ·     You are an outside consulting organization who has been retained by the CEO to...

    Your Assignment ·     You are an outside consulting organization who has been retained by the CEO to fix the problems and make sure the mandate is driven throughout the organization. identify what strategic initiatives and changes you will recommend and the tactics to implement those strategies and changes based on this case study New Product Development Process Improvement Case Study Background:          Horizon Giftables, Inc. is a 35-year-old consumer products company that manufactures and distributes home accessory products and décor items through...

  • PL/SQL Auction Program 1. Create a user xyz, who is the owner of the auction. Create...

    PL/SQL Auction Program 1. Create a user xyz, who is the owner of the auction. Create the schema, and package. 2. Create users x1 and x2 who are the participants in the auction. They will need acces to the package. 3. Bid on the same item and record your observations. Verify all scenarios. Upload the files with the missing code and a detailed sample run. AUCTION OWNER.TXT SQL> conn / as sysdba Connected. SQL> drop user xyz cascade; User dropped....

  • Summary should briefly analyze the central problems and issues of the case and provide some analysis...

    Summary should briefly analyze the central problems and issues of the case and provide some analysis and suggestions. Thank you. Lean Initiatives and Growth at Orlando Metering Company It was late August 2002 and Ed Cucinelli, vice president of Orlando Metering Company (OMC), sat in his office on a late Saturday morning. He had come in to prepare for some strategic planning meetings that were scheduled for the upcoming week. As he noticed the uncommon silence in the building, Ed...

  • Can you please provide the formula for the worksheet also. CASE PROBLEMS Level 1- Analyzing Sales...

    Can you please provide the formula for the worksheet also. CASE PROBLEMS Level 1- Analyzing Sales for Crèmes Ice Cream Judd Hemming is the eastern regional marketing manager for Crèmes Ice Cream. Eac quarter, he completes two separate analyses: an analysis comparing ice cream flavor sale volumes from all regional locations with the same quarter sales volumes from the previou year and an analysis comparing total sales in dollars, including mean, median, mode, and standard deviation, of sales by store....

  • Only need help with question 5 2 CASE The Human Resource Function of Harrison Brothers Corporation...

    Only need help with question 5 2 CASE The Human Resource Function of Harrison Brothers Corporation COMPANY HISTORY Harrison Brothers Corporation n was founded in upstate New York on September 15, 1898, by Aubrey and William Harrison. Harrison Brothers is a multi-line traditional department store tha t cares mainly men's, wome expanded to include household furnishings and other items for the home. The long-term goal of the company is to become the leading chain of department stores in the Northeast,...

  • CASE 1-5 Financial Statement Ratio Computation Refer to Campbell Soup Company's financial Campbell Soup statements in...

    CASE 1-5 Financial Statement Ratio Computation Refer to Campbell Soup Company's financial Campbell Soup statements in Appendix A. Required: Compute the following ratios for Year 11. Liquidity ratios: Asset utilization ratios:* a. Current ratio n. Cash turnover b. Acid-test ratio 0. Accounts receivable turnover c. Days to sell inventory p. Inventory turnover d. Collection period 4. Working capital turnover Capital structure and solvency ratios: 1. Fixed assets turnover e. Total debt to total equity s. Total assets turnover f. Long-term...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
Active Questions
ADVERTISEMENT