IMPORTANT: Hello this assignment is 3 parts which requires 5 different documents, total you should have 3 excel documents and 2 words documents. Part 1 needs 1 excel document, part 2 needs 1 excel & 1 word document. Part 3 also needs 1 excel document & 1 word document.
PART ONE: IMPORTANT THIS PART WILL BE DONE ON AN EXCEL DOCUMENT
Sampling Distribution
A computer scanner can read a barcode on a package correctly 97% of the time. One company monitors the accuracy of the scanner by randomly sampling packages and verifying that each package has been correctly scanned. Random samples of size n = 25, 50, 100, and 200 have recently been taken with the following results.
Sample Size, n
Number Correctly Scanned
25
24
50
49
100
95
200
193
To complete this activity, use Excel to:
1 Calculate the sample proportion for each sample size.
2 Calculate the single-proportion sampling error for each sample size.
3 Calculate the probability of finding 198 correctly scanned packages, for a sample of size n=200.
4 Submit your work Excel file.
PART 2: IMPORTANT THIS WILL BE 2 SEPERATE DOCUMENTS 1 WORD & 1 EXCEL DOCUMENT
Hypothesis Testing
The Lazer Company has a contract to produce a part for Boeing Corporation that must have an average diameter of 6 inches and a standard deviation of 0.10 inch. The Lazer Company has developed a process that will meet the specifications with respect to the standard deviation, but it is still trying to meet the mean specifications. A test run (considered a random sample) of parts was produced, and the company wishes to determine whether this latest process that produced the sample will produce parts meeting the requirement of an average diameter equal to 6 inches.
Use Excel to:
1 Construct the appropriate null and alternative hypotheses with correct parameters.
2 Develop the decision rule assuming that the sample size is 200 parts and the significance level is 0.01.
In a Word document:
• Recommend what the Lazer Company should conclude if the sample mean diameter for the 200 parts is 6.03 inches.
• Submit your recommendations in a Word document and attach your Excel file.
PART 3: IMPORTANT THIS WILL BE 2 SEPERATE DOCUMENTS 1 WORD & 1 EXCEL DOCUMENT AS WELL, JUST LIKE PART 2!
Multiple Regression Analysis
Amazon.com has become one of the most successful online merchants. Two measures of its success are sales and net income/loss figures. The data can be found in the file, Amazon. https://blackboard.strayer.edu/bbcswebdav/institution/MAT/MAT510/210700/Course_Files/cf_MAT510_w10a1_Amazontxt.csv
Use Excel to complete the following:
1 Construct a scatter plot for Amazon's net income/loss and sales figures for the period 1995–2015.
2 Determine a polynomial model, including its order (or degree), for Amazon's net income/loss and sales figures.
Use Word to complete the following:
1 Explain your process of determining the polynomial model
2 Submit your work in a Word document and attach your Excel file
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