Question: Please help me with understanding how to calculate in Excel only please. Need elementary help as I am new to this concept. Thank you! The
Please help me with understanding how to calculate in Excel only please. Need elementary help as I am new to this concept. Thank you!
The operations manager at a compact fluorescent light bulb (CFL) factory needs to estimate the mean life of a large shipment of CFLs. The manufacturer's specifications are that the population standard deviation is 1,000 hours. A random sample of 64 CFLs indicated a sample mean life of 7,500 hours.
A)Construct a 95% confidence interval estimate for the population mean life of compact fluorescent light bulbs in this shipment.
B)Do you think that the manufacturer has the right to state that the compact fluorescent lightbulbs have a mean life of 8,000 hours, Explain?
C)Must you assume that the population compact fluorescent light bulb life is normally distributed? Explain?
D)Suppose that the standard deviation changes to 800 hours. What are your answers for (A) & (B)?
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