Question # 4 | French Biscuit Manufacturer (FBM), produces two types of biscuits 1) double chocolate biscuits and (ii) tea time biscuits in two separate manufacturing units. They are interested in expanding the manufacturing units (one by one) because there is a demand in the market but facing a difficulty to decide which manufacturing unit should expand first. Company officials decided that the expansion decision was based upon monthly demand. FBM official consults you and requests to give your valuable suggestion which will be helpful for final decision. you analyzed the following nomally distributed data: Monthly Sale of Biscuits Double 8551 6314 5259 8138 8429 4807 8025 6845 6478 7513 Chocolate 9125 4894 9106 8775 10070 7845 6229 8459 10542 4196 10247 6601 7404 8919 9255 8404 6304 7803 11474 9131 Tea Time Kindly provide the following information regarding your data analysis. a. Write the null and altemative hypothesis. b. Detemine the calculated value of the test statistic with equal variances assumption. c. Calculate the tabulated value (critical value) of the test statistic at 0.05 level of significance. d. Develop a 95% confidence interval for the difference between the average sales of the two types of biscuits assuming that the variances are equal. e. "On average, sales of double chocolate biscuit is 500 units more than tea time biscuits". Comments in the light of part "d* result. 13345 8118 6713 7439 10957 12098 9134 7535 10316 8125
Question # 4 | French Biscuit Manufacturer (FBM), produces two types of biscuits 1) double chocolate biscuits and (ii) tea time biscuits in two separate manufacturing units. They are interested in expanding the manufacturing units (one by one) because there is a demand in the market but facing a difficulty to decide which manufacturing unit should expand first. Company officials decided that the expansion decision was based upon monthly demand. FBM official consults you and requests to give your valuable suggestion which will be helpful for final decision. you analyzed the following nomally distributed data: Monthly Sale of Biscuits Double 8551 6314 5259 8138 8429 4807 8025 6845 6478 7513 Chocolate 9125 4894 9106 8775 10070 7845 6229 8459 10542 4196 10247 6601 7404 8919 9255 8404 6304 7803 11474 9131 Tea Time Kindly provide the following information regarding your data analysis. a. Write the null and altemative hypothesis. b. Detemine the calculated value of the test statistic with equal variances assumption. c. Calculate the tabulated value (critical value) of the test statistic at 0.05 level of significance. d. Develop a 95% confidence interval for the difference between the average sales of the two types of biscuits assuming that the variances are equal. e. "On average, sales of double chocolate biscuit is 500 units more than tea time biscuits". Comments in the light of part "d* result. 13345 8118 6713 7439 10957 12098 9134 7535 10316 8125
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
Related questions
Topic Video
Question
Transcribed Image Text:Question # 4 |
French Biscuit Manufacturer (FBM), produces two types of biscuits 1) double chocolate biscuits
and (ii) tea time biscuits in two separate manufacturing units. They are interested in expanding
the manufacturing units (one by one) because there is a demand in the market but facing a
difficulty to decide which manufacturing unit should expand first. Company officials decided
that the expansion decision was based upon monthly demand.
FBM official consults you and requests to give your valuable suggestion which will be helpful
for final decision. you analyzed the following nomally distributed data:
Monthly Sale of Biscuits
Double
8551
6314
5259
8138
8429
4807
8025
6845
6478
7513
Chocolate
9125
4894
9106
8775
10070
7845
6229
8459
10542
4196
10247
6601
7404
8919
9255
8404
6304
7803
11474
9131
Tea Time
Kindly provide the following information regarding your data analysis.
a. Write the null and altemative hypothesis.
b. Detemine the calculated value of the test statistic with equal variances assumption.
c. Calculate the tabulated value (critical value) of the test statistic at 0.05 level of
significance.
d. Develop a 95% confidence interval for the difference between the average sales of the two
types of biscuits assuming that the variances are equal.
e. "On average, sales of double chocolate biscuit is 500 units more than tea time biscuits".
Comments in the light of part "d* result.
13345
8118
6713
7439
10957
12098
9134
7535
10316
8125
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you