Other sets by this creator
A market analyst wants to know if the new website he designed is showing increased page views per visit. A customer is randomly sent to one of two different websites, offering the same products, but with different designs. Here are the page views from five randomly selected customers from each website:
|Website A||Website B|
Assuming that the data come from a distribution that is Normally distributed,
c) What does it say about the null hypothesis that the mean difference is 0?
Fruit Tea’s data show the following information:
New machinery will be added in October. This machine will reduce the labor required per unit and increase the labor rate for those employees qualified to operate the machinery. Finished goods inventory is required to be 20% of the next month’s requirements. Direct material requires 2.5 pounds per unit at a cost of $5 per pound. The ending inventory required for direct materials is 20% of the next month’s needs. In August, the beginning inventory is 3,750 units of finished goods and 13,125 pounds of materials. Prepare a production budget, direct materials budget, and direct labor budget for the first quarter of the year.