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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Form a normal distribution with mean 0.7515 cm and standard deviation 0.0022 cm. How many of the plugs are likely to be rejected if the approved diameter is 0.752± 0.004.
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Walt and Jackie rent out their residence in San Diego to friends for 10 days while they vacation in Europe. They collect $1,000 of rental income. How is the rental income treated on their tax return? Explain.
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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