i need help Homework assignment A watch maker needs to estim
i need help
Homework assignment A watch maker needs to estimate the population mean failure time. A number of watches have been tested to failure. The data of time to failure in hours are 1250, 1320, 1542, 1464, 1275, 1260, 1420, 1442, 1454, 1375, 1255, 1322, 1552, 1664, 1285, 1257, 1329, 1548, 1474, 1575, 1250, 1320, 1542, 1464, 1275, 1260, 1420, 1442, 1454, 1375, 125, 1322, 1552, 1664, 1285, 1257, 1329, 1548, 1474, 1575 and 1353. Estimate the population mean failure time with a confidence level of 90%. Solution
Given a=0.1, Z(0.05) = 1.645 (from standard normal table)
So 90% confidence interval is
xbar +/- Z*s/vn
--> 1401.93 +/- 1.645*123.32/sqrt(41)
--> (1370.248, 1433.612)
| count | 41 |
| mean | 1,401.93 |
| population variance | 15,207.19 |
| population standard deviation | 123.32 |
