6.1.25 A Commuter Must Pass Through Traffic Lights
MyStatLab
Pearson
They give you a horizontal list of # of traffic lights and probabilities. They ask you for a mean and standard deviation.
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They give you a horizontal list of # of traffic lights and probabilities. They ask you for a mean and standard deviation.
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Gives you the sample size, the mean of the sample means, and the average range. Asks for the lower control limit and the upper control limit.
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You are given the X double bar, standard deviation, and N. Asks for the 3 sigma control limits for an x-bar control limit.
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You are given two specification limits, the mean, and the standard deviation. Asks for the CPK and the capability.
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Gives you the total defects, the number of samples, and the sample size. Asks for the standard deviation. Also provided are mean, LCL, and UCL if needed.
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They give you a list of 8 flaws and ask for the lower and upper control limits for a c-chart.
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You are given the X bar mean, standard deviation, and desired confidence level. Asks for the upper control limits. This one does not have a sample size given.
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They give you the bundle price and the sold separate prices of a computer and a one year maintenance agreement and asks for the revenue for the first month.
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They tell you Taylor provides handyman services to King and asks the amount of revenue for the first year.
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Can you calculate the current market price of the bond? You purchased a bond a couple of years ago, and you are provided with the YTM at the time of purchase as well as the YTM today. Assume fixed annual coupon payments and a par value of $1000.
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