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1) A manufacturer of automobile transmissions uses two different processes. Management ordered a study of the production costs to see if there is a difference
1) A manufacturer of automobile transmissions uses two different processes. Management ordered a study of the production costs to see if there is a difference between the two processes. A summary of the findings is shown next.
Process 1 | Process 2 | Total | |
Process totals ($100s) | 137 | 108 | 245 |
Sample size | 10 | 10 | 20 |
Sum of squares | 1,893 | 1,188 | 3,081 |
- What is the critical value of F at the 5% level of significance?
- State the null hypothesis and the alternate hypothesis
- State the decision rule
- Compute the value of the test statistic
- What is your decision regarding H0
- Interpret the result
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