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Mathematics, 21.06.2019 18:00
Mozart lenses inc. recently introduced seelites, a thinner lens for eyelasses. of a sample of 800 eyeglass wearers, 246 said they would purchases their next pair of eyeglasses with the new lenses. lenses inc. estimates that the number of people who purchase eyeglasses in a year is 1,700,000. most eyeglasses wearer buy one new pair of eyeglasses a year. what is the annual sales potential for the new lenses.
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Mathematics, 21.06.2019 18:30
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Mathematics, 21.06.2019 20:50
An automobile assembly line operation has a scheduled mean completion time, μ, of 12 minutes. the standard deviation of completion times is 1.6 minutes. it is claimed that, under new management, the mean completion time has decreased. to test this claim, a random sample of 33 completion times under new management was taken. the sample had a mean of 11.2 minutes. assume that the population is normally distributed. can we support, at the 0.05 level of significance, the claim that the mean completion time has decreased under new management? assume that the standard deviation of completion times has not changed.
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