A factory owner wants to estimate the average hours lost due to a machine breakdown. Recording for the last one year, there have been 15 times the damage. Of the nine samples, it is known that the average lost working hours is 3.5 hours with a sample standard deviation of 1.5 hours. Make an estimate of the average lost working hours using a confidence level of 98%

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 3GP
icon
Related questions
Question
A factory owner wants to estimate the average hours lost due to a machine breakdown. Recording for the last one year, there have been 15 times the damage. Of the nine samples, it is known that the average lost working hours is 3.5 hours with a sample standard deviation of 1.5 hours. Make an estimate of the average lost working hours using a confidence level of 98%
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill