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Mathematics, 07.04.2020 16:25 thompsonmark0616
Suppose Frances is a researcher at Beaded Gemsz, a company that makes beaded jewelry. She wants to evaluate whether using better equipment during the current year has increased jewelry-making productivity. The company's reporting team estimated an average daily production yield of 105 units per store from previous years. Frances conducts a one-sample z - test with a significance level of 0.08 , acquiring daily unit yield data from each of the stores' databases for 45 randomly selected days of the year. She obtains a P -value of 0.06 . The power of the test to detect a production increase of 12 units or more is 0.85 . What is the probability that Frances concludes that the new equipment increases the average daily jewelry production when in fact the new equipment has no effect
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Suppose Frances is a researcher at Beaded Gemsz, a company that makes beaded jewelry. She wants to e...
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