A stud manufacturer wants to determine the inner

Ajay Satsangi

Ajay Satsangi

Answered question

2022-08-12

A stud manufacturer wants to determine the inner diameter of a certain
grade of tire. Ideally, the diameter would be 15mm.The data are as follows:
15, 16, 15, 14, 13, 15, 16, 14
(i) Find the sample mean and median.
(ii) Find the sample variance, standard deviation and range
(iii) Using the calculated statistics in parts (i) and (ii) Comment on
the quality of stud.

Answer & Explanation

nick1337

nick1337

Expert2023-06-17Added 777 answers

To solve this problem, we'll use the given data to calculate various statistics that will help us assess the quality of the stud. Let's break it down into three parts:
(i) Finding the sample mean and median:
To find the sample mean, we add up all the data points and divide by the total number of data points.
The sample mean (x¯) can be calculated using the formula:
x¯=1ni=1nxi
where n is the number of data points and xi represents each data point.
To find the sample median, we need to arrange the data points in ascending order and find the middle value (or the average of the two middle values if there is an even number of data points).
(ii) Finding the sample variance, standard deviation, and range:
The sample variance measures the spread of the data points around the mean, and it can be calculated using the formula:
Variance=1n1i=1n(xix¯)2
The standard deviation is the square root of the variance and provides a measure of how spread out the data is from the mean.
The range is the difference between the maximum and minimum values in the data set.
(iii) Commenting on the quality of the stud:
Based on the calculated statistics, we can assess the quality of the stud. For example, a smaller standard deviation and range indicate less variability and tighter control over the inner diameter, which would be desirable for the manufacturer.
The calculations can be written as follows:
(i) Sample mean (x¯):
x¯=1ni=1nxi
Sample median:
Arrange the data in ascending order and find the middle value (or the average of the two middle values).
(ii) Sample variance:
Variance =1n1i=1n(xix¯)2
Standard deviation:
Standard deviation =Variance
Range:
Range =maximum valueminimum value

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