Problem 2: Consider two alternative simulation models with the following notation: 0,: mean performance measure of alternative l 2: mean performance measure of alternative 2 Yr1:average of the pe...

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Problem 2: Consider two alternative simulation models with the following notation: 0,: mean performance measure of alternative l 2: mean performance measure of alternative 2 Yr1:average of the pe...

Problem 2: Consider two alternative simulation models with the following notation: 0,: mean performance measure of alternative l 2: mean performance measure of alternative 2 Yr1:average of the performance measure of alternative I observed during the rh replication for r-1,2,..., R2 From running two models, the data in the table below is obtained. Yzi average of the performanee measure of alternative 2 observed during the fh replication for rl 4 10 14 Answer the following questions: Calculate the sample average and sample variance for the data of each alternative. a. Assume the two alternatives have equal variances. Construct a two-sided 95% confidence interval fora-92. b. Suppose the performance measure is the response time to customer in minutes. Which alternative design do you recommend? Why? c. d. Assume the two alternatives have unequal variances. Calculate the degree of freedom for a 90% confidence interval for θί-92. (Do not construct a confidence interval in this case.) Use the space in the next page to write your answers for all parts (a) to (d) in that order

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Problem 2: Consider two alternative simulation models with the following notation: 0,: mean performance measure of alternative l 2: mean performance measure of alternative 2 Yr1:average of the pe...

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Problem 2: Consider two alternative simulation models with the following notation: 0,: mean performance measure of alternative l 2: mean performance measure of alternative 2 Yr1:average of the pe...

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Problem 2. Consider the following joint probabilities for the two variables X and Y. 1 2...

Use SPSS for this exam, be sure to include all the following information to get full credits: (1) null and alternative hypotheses (15%) (2) nameofthe test(15%, explain why you chose it) (3) th...

Problem 2: Consider two alternative simulation models with the following notation: 0,: mean performance measure of alternative l 2: mean performance measure of alternative 2 Yr1:average of the pe...

Homework Answers

Add Answer to: Problem 2: Consider two alternative simulation models with the following notation: 0,: mean performance measure of alternative l 2: mean performance measure of alternative 2 Yr1:average of the pe...

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photos for each question are all in a row (1 point) In the following questions, use...

Problem 2. Consider the following joint probabilities for the two variables X and Y. 1 2...

Use SPSS for this exam, be sure to include all the following information to get full credits: (1) null and alternative hypotheses (15%) (2) nameofthe test(15%, explain why you chose it) (3) th...

Add Answer to:
Problem 2: Consider two alternative simulation models with the following notation: 0,: mean performance measure of alternative l 2: mean performance measure of alternative 2 Yr1:average of the pe...