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Mathematics, 09.04.2021 04:40 SavyBreyer

1. (20 points) One step in the manufacture of a certain metal clamp involves the drilling of four holes. In a sample of 150 clamps, the average time needed to complete this step was 72 seconds and standard deviation was 10 seconds. (a) Find a 99.5% confidence interval for the mean time needed to complete the step. (b) What is the confidence level of the interval (71, 73)? (c) How many clamps must be sampled so that 99.5% confidence interval specifies the mean to within ±1.5 seconds? (d) Can you conclude that the mean time needed to complete the step is greater than 73 seconds? i. State hypothesis. ii. Compute P-value. iii. What is your conclusion?

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