Par Incorporated
By: Wendy • Essay • 679 Words • March 24, 2010 • 877 Views
Par Incorporated
Current New
Mean 270.275 267.5
Variance 76.61474359 97.94871795
Observations 40 40
Hypothesized Mean Difference 0
df 77
t Stat 1.328361594
P(T<=t) one-tail 0.093991211
t Critical one-tail 1.664884538
P(T<=t) two-tail 0.187982421
t Critical two-tail 1.991254363
INTRODUCTION:
Par Inc is the one of big golf equipment manufacturing company. They already have a chain of gulf equipments. But now company wants to introduce new cut resistance golf balls. They want to kind of balls which will be long lasting. For that they make experiments to make it. And after that they make experiments on its performance. They did samples of shouts with new and old golf ball. And try to measure their driving distance. From that they can find out how affective it is. So it is worth or not to produce it.
The procedure used to conduct a hypothesis test about a population proportion is similar to the procedure used to conduct a hypotheses test about a population mean.
Here new golf ball’s driving mean driving distance is 267.5 yards instead of old one 270.275 yards. And variance is spread in old is 76.61474359yards and 97.94871785 yards in new one. That shows the variation in the research. In the one tail test t is 0.093991211yards which is less then 1.328361594. So H0 is rejected. But in two tail experiment t is greater. So this experiment is accepted.
DESCRIPTIVE STATISTICS
current New
Mean 270.275 267.5
Standard Error 1.383968421 1.564837994
Median 270 265
Mode 272 263
Standard Deviation 8.752984839 9.896904463
Sample Variance 76.61474359 97.94871795
Kurtosis -0.762587222 -0.514586551
Skewness 0.306169371 0.239810448
Range 34 39
Minimum 255 250
Maximum 289 289
Sum 10811 10700
Count 40 40
Largest(1) 289 289
Smallest(1) 255 250
Confidence Level (95.0%) 2.799340332 3.165183573