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Exercise 3 (14 marks) Fifty specimens of a new computer chip were tested for speed in a certain application, along with 50 specimens of

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Exercise 3 (14 marks) Fifty specimens of a new computer chip were tested for speed in a certain application, along with 50 specimens of chips with the old design. The average speed, in MHz, for the new chips was 495.6, and the standard deviation was 19.4. The average speed for the old chips was 481.2, and the standard deviation was 14.3. a) Can you conclude a significant difference in the mean speed between the new and old chips? b) Verify your result in part a) using the appropriate confidence interval. c) A sample of 60 even older chips had an average speed of 391.2 MHz with a standard deviation of 17.2 MHz. Someone claims that the new chips average more than 100 MHz faster than these very old ones. Do the data provide convincing evidence for this claim?

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