modified as follows: In a random sample of 55 panels, the average failure time is 2.07 years and the standard deviation is 1.11 years. Find the 91.7% CI for the population mean failure time

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Ex 6.14 modified as follows: In a random sample of 55 panels, the average failure time is 2.07 years and the standard deviation is 1.11 years. Find the 91.7% CI for the population mean failure time

1. Ex 6.14 modified as follows: In a random sample of 55 panels, the average failure
time is 2.07 years and the standard deviation is 1.11 years. Find the 91.7% CI for the
population mean failure time.
320
CHAPTER 6 Inferences base ...
mean tipping point of all daily deal offerings in Korea with
- 95% confidence. Find and practically interpret this interval
estimate. 112 21.46
6.14
....
PANEL
NW
Wear-out of used display panels. Refer to Exercise 4.126
(p. 247) and the study of the wear-out failure time of used
colored display panels purchased by an outlet store. Recall
that prior to acquisition, the panels had been used for about
one-third of their expected lifetimes. The failure times (in
years) for a sample of 50 used panels are reproduced in the
table. An XLSTAT printout of the analysis is shown below.
a. Locate a 95% confidence interval for the true mean
failure time of used colored display panels on the print-
out.
b. Give a practical interpretation of the interval, part a.
c. In repeated sampling of the population of used colored
display panels, where a 95% confidence interval for the
mean failure time is computed for each sample, what
proportion of all the confidence intervals generated will
capture the true mean failure time?
0.01 1.21 1.71 2.30 2.96 0.19 1.22 1.75 2.30 2.98 0.51
1.24 1.77 2.41 3.19 0.57 1.48 1.79 2.44 3.25 0.70 1.54
1.88 2.57 3.31 0.73 1.59 1.90 2.61 1.19 0.75 1.61 1.93
2.62 3.50 0.75 1.61 2.01 2.72 3.50 1.11 1.62 2.16 2.76
3.50 1.16 1.62 2.18 2.84 3.50
Source: Based on T. Z. Irony, M. Lauretto, C. Pereira, and J. M. Stern, "A Weibull
Wearout Test: Full Bayesian Approach," paper presented at Mathematical
Sciences Colloquium, Binghamton University, Binghamton, UK, December 2001.
Summary statistics:
Variable Observations
FailTime
50
Minimum
0.0100
95% confidence interval on the mean:
[1.6776, 2.1924]
6.15 Malicious attacke
Maximum Mean
1.9350
3.5000
Std.
deviation
0.9287
Applying the Concepts-Intermediate
6.16
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a.
b.
bas
6.17 U
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Ac
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Transcribed Image Text:1. Ex 6.14 modified as follows: In a random sample of 55 panels, the average failure time is 2.07 years and the standard deviation is 1.11 years. Find the 91.7% CI for the population mean failure time. 320 CHAPTER 6 Inferences base ... mean tipping point of all daily deal offerings in Korea with - 95% confidence. Find and practically interpret this interval estimate. 112 21.46 6.14 .... PANEL NW Wear-out of used display panels. Refer to Exercise 4.126 (p. 247) and the study of the wear-out failure time of used colored display panels purchased by an outlet store. Recall that prior to acquisition, the panels had been used for about one-third of their expected lifetimes. The failure times (in years) for a sample of 50 used panels are reproduced in the table. An XLSTAT printout of the analysis is shown below. a. Locate a 95% confidence interval for the true mean failure time of used colored display panels on the print- out. b. Give a practical interpretation of the interval, part a. c. In repeated sampling of the population of used colored display panels, where a 95% confidence interval for the mean failure time is computed for each sample, what proportion of all the confidence intervals generated will capture the true mean failure time? 0.01 1.21 1.71 2.30 2.96 0.19 1.22 1.75 2.30 2.98 0.51 1.24 1.77 2.41 3.19 0.57 1.48 1.79 2.44 3.25 0.70 1.54 1.88 2.57 3.31 0.73 1.59 1.90 2.61 1.19 0.75 1.61 1.93 2.62 3.50 0.75 1.61 2.01 2.72 3.50 1.11 1.62 2.16 2.76 3.50 1.16 1.62 2.18 2.84 3.50 Source: Based on T. Z. Irony, M. Lauretto, C. Pereira, and J. M. Stern, "A Weibull Wearout Test: Full Bayesian Approach," paper presented at Mathematical Sciences Colloquium, Binghamton University, Binghamton, UK, December 2001. Summary statistics: Variable Observations FailTime 50 Minimum 0.0100 95% confidence interval on the mean: [1.6776, 2.1924] 6.15 Malicious attacke Maximum Mean 1.9350 3.5000 Std. deviation 0.9287 Applying the Concepts-Intermediate 6.16 Si re d a. b. bas 6.17 U lev fro as Ac ate sub to t ject Sco cal 1 cal 1 X = a. E p сс b. G c. R sti
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