Question: I.for the given data summarized on table 4.1, and knowing that E(Y) = 6.01 minutes a) Use the hypothesis - testing approach to evaluate whether
I.for the given data summarized on table 4.1, and knowing that E(Y) = 6.01 minutes
a) Use the hypothesis - testing approach to evaluate whether the simulation and the real system are the same.
b)If a difference of minutes viewed as critical, use the confidence interval approach to conclude if the 4 replications enough for the modeler to declare that the model is valid. (Use ? = 0.05)

\f
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
