Question: Capstone Part 4 : Final Report Present your analysis and key findings in a formal report to the production manager. The report should be well

Capstone Part 4: Final Report
Present your analysis and key findings in a formal report to the production manager. The report should be well-organized, state the problem or issue identified through the analysis, state the actions or steps taken to address the issue and the results of those actions, and end with recommended next steps. Do some creative thinking and research to develop your recommendations; include some lower cost solutions along with more expensive solutions.
Statements should be supported by your data analysisremember, numbers convince! Be selective in your choice of descriptive statistics you include in the report; do not include all of them. Likewise, when reporting the results of a hypothesis test, simply tell the findings, indicate the level of significance, and perhaps include the p-value. Management does not need to see all the calculations in the report.
Descriptive Statistic Value Analysis/Interpretation
Mean
583.5782 It is interesting to note that the average weight of cereal boxes is 583.59. This information could potentially be used to improve packaging and reduce waste.
Median
584.1298
Based on the data, it appears that the median weight of the wax boxes is 584.13, which is slightly higher than the company's average weight. This could be an opportunity to investigate and optimize the weight of the wax boxes to ensure consistency and efficiency in the production process.
Mode
583.056
The mode of 583.056 being close to the mean suggests that many boxes are clustered around a common weight, which is a positive sign for consistency in the packaging process.
Standard Deviation
8.764051
This is a great opportunity to examine weight differences among boxes and determine potential causes for variation.
Range
54.7273
This analysis shows us the difference between the weight of the heaviest object and the weight of the lightest object and tries to identify any patterns or insights that might emerge. This analysis could be useful in identifying trends or factors that contribute to weight variations and could ultimately inform strategies for optimizing weight management
Lowest Value 549.563
Upon closer inspection, we can see that the box with the lowest weight is positioned below the company's average weight of 574. This could be a cause for concern as it may indicate that the product is not meeting the company's standards. It would be beneficial to investigate the reasons behind the lower weight and find ways to optimize the weight of the products to ensure they meet the company's requirements.
Highest Value 604.2903
the highest weight exceeds the company's average weight of 574g by a considerable margin. The deviation in the weight of the object in question indicates that it may be an outlier or an anomalous item that needs to be further examined to ensure quality control standards are met.
Proportion of boxes below label weight
65 boxes With 65 boxes (13%) below the label weight, this could indicate a problem with the filling equipment or process that needs to be addressed to ensure compliance with weight regulations.
Proportion of boxes above label weight
435 boxes
The fact that 435 boxes (87%) are above the label weight suggests that overfilling is more common than underfilling. This could be costly and might warrant a review of the filling process to reduce overfilling.
Proportion of boxes below MAV
545
The proportion of 545 boxes below the MAV might indicate a compliance issue with weight regulations, and management should take steps to ensure that the minimum weight is consistently met.
Skewness -0.49912
The skewness value of -0.49912 indicates a slight leftward skew, meaning there are more boxes on the lower end of the weight scale. This could suggest that the packaging process might be erring on the side of underfilling rather than overfilling.
2. Using Excel, create and insert a frequency distribution and histogram of the box weights. Use the 2k >= n rule to determine how many classes to include in the frequency distribution.
Weight Frequency
555.64382
561.72468
567.805416
573.886231
579.967112
586.0478127
592.1286127
598.209458
604.290319
3. Based on the descriptive statistics, the histogram, and the empirical rule, does it appear that the box weights follow a normal distribution with a symmetrical, bell-shaped curve? Justify your response with your data analysis.
Regarding the histogram and frequency distribution, if the histogram shows a symmetrical bell-shaped curve and the majority of the data falls within three standard deviations of the mean, it would suggest that the box weights follow a normal distribution. The empirical rule states that for a normal distribution, approximately 68% of data falls within one standard deviation, 95% within two standard deviations, and 99.7% within three standard deviations of the mean. If the histogra

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!