Six_Sigma
ICGB · Question #95
A battery manufacturer was considering changing suppliers for a particular part. The purchasing manager required that the average cost of the part be less than or equal to $32 in order to stay within
The correct answer is C. 1.33. See the full explanation below for the reasoning.
Question
A battery manufacturer was considering changing suppliers for a particular part. The purchasing manager required that the average cost of the part be less than or equal to $32 in order to stay within budget. A sample of the 32 initial deliveries had a Mean of the new product upgrade price of $28 with an estimated Standard Deviation of $3. Based on the data provided, the Z value for the data assuming a Normal Distribution is?
Options
- A2.67
- B4.33
- C1.33
- D0.67
How the community answered
(54 responses)- A9% (5)
- B2% (1)
- C83% (45)
- D6% (3)
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