Find random sample of parts shows mean diameter
A machinist is making engine parts with axle diameter of 0.7 inch. A random sample of 15 parts shows mean diameter 0.742 inch with a standard deviation of 0.04 inch. On the basis of this sample would you say that the work is inferior?
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A machinist is making engine parts with axle diameter of 0.7 inch. A random sample of 15 parts shows mean diameter 0.742 inch with a standard deviation of 0.04 inch.
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Precision Numbers, Inc., manufactures pocket calculators. Costs incurred in making 25,000 calculators in April included $85,000 of fixed manufacturing overhead. The total absorption cost per calculator was $12.50.
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