Mathematics, 12.08.2020 06:01 kaitlynhess
Allied Corporation is trying to sell its new machines to Ajax. Allied claims that the machine will pay for itself since the time it takes to produce the product using the new machine is significantly less than the production time using the old machine. To test the claim, independent random samples were taken from both machines. You are given the following results.
New Machine Old Machine
Sample Mean 25 23
Sample Variance 27 7.56
Sample Size 45 36
As the statistical advisor to Ajax, would you recommend purchasing Allied's machine? Explain.
Answers: 2
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Allied Corporation is trying to sell its new machines to Ajax. Allied claims that the machine will p...
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