French Biscuit Manufacturer (FBM), produces two types of biscuits (i) double chocolate biscuits and (ii) tea time biscuits in two separate manufacturing units. They are interested in expanding the manufacturing units (one by one) because there is a demand in the market but facing a difficulty to decide which manufacturing unit should expand first. Company officials decided that the expansion decision was based upon monthly demand. FBM official consults you and requests to give your valuable suggestion which will be helpful for final decision. you analyzed the following normally distributed data:

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.8: Linear Programming
Problem 5SC: If during the following year it is predicted that each comedy skit will generate 30 thousand and...
icon
Related questions
Question

 

French Biscuit Manufacturer (FBM), produces two types of biscuits (i) double chocolate biscuits and (ii) tea time biscuits in two separate manufacturing units. They are interested in expanding the manufacturing units (one by one) because there is a demand in the market but facing a difficulty to decide which manufacturing unit should expand first. Company officials decided that the expansion decision was based upon monthly demand.
FBM official consults you and requests to give your valuable suggestion which will be helpful for final decision. you analyzed the following normally distributed data:


  Monthly Sale of Biscuits
Double Chocolate 8551 6314 5259 8138 8429 4807 8025 6845 6478 7513
9125 4894 9106 8775 10070 7845 6229 8459 10542 4196
Tea Time 10247 6601 7404 8919 9255 8404 6304 7803 11474 9131
13345 8118 6713 7439 10957 12098 9134 7535 10316 8125

1 For the comparing the two variances, statistician study ratio of two variances while when comparing the two means, study the difference of two mean.” Give the logical reason, why we study the ratio of two variances and why not the difference of two variances.

2 Write the two tabulated value of test statistics. (2 tail)
Comments about the assumption taken in question # 4, in the light of your analysis

 

Expert Solution
steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Knowledge Booster
Inequality
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College