Statistics - Confidence Limits for thickness of paper
You are a quality analyst with John and Sons Company. Your company manufactures fax machines, copiers, and printers that use plain paper. The CEO of the company wants the machines to handle 99.5 percent of all the paper that is used in them without the paper getting jammed. The CEO asks you to determine the thickness of paper that the machines must be able to handle to achieve this target.
What are the appropriate confidence limits for the thickness of paper that the machines must be able to handle?
Please provide the work and explanation on how you computed the answers. Use the data provided in the attachment
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Solution Preview
Please click once in the yellow/green cells in the excel file to see how each calculation was done. The formula used for calculating the confidence interval is [Sample Mean - t * ...
Solution Summary
A Complete, Neat and Step-by-step Solution is provided in the attached Excel file.