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In Any Production Process in Which One or More Workers (y)( y )

Question 54

Multiple Choice

In any production process in which one or more workers are engaged in a variety of tasks, the total time spent in production varies as a function of the size of the workpool and the level of output of the various activities. In a large metropolitan department store, it is believed that the number of man-hours worked (y) ( y ) per day by the clerical staff depends on the number of pieces of mail processed per day (x1) \left( x _ { 1 } \right) and the number of checks cashed per day (x2) \left( x _ { 2 } \right) . Data collected for n=20n = 20 working days were used to fit the model:
E(y) =β0+β1x1+β2x2E ( y ) = \beta _ { 0 } + \beta _ { 1 } x _ { 1 } + \beta _ { 2 } x _ { 2 }
A partial printout for the analysis follows:
 In any production process in which one or more workers are engaged in a variety of tasks, the total time spent in production varies as a function of the size of the workpool and the level of output of the various activities. In a large metropolitan department store, it is believed that the number of man-hours worked  ( y )   per day by the clerical staff depends on the number of pieces of mail processed per day  \left( x _ { 1 } \right)   and the number of checks cashed per day  \left( x _ { 2 } \right)  . Data collected for  n = 20  working days were used to fit the model:  E ( y )  = \beta _ { 0 } + \beta _ { 1 } x _ { 1 } + \beta _ { 2 } x _ { 2 }  A partial printout for the analysis follows:    Interpret the  95 \%  prediction interval for  y  shown on the printout. A)  We expect to predict number of man-hours worked per day to within an amount between  47.224  and  119.126  of the true value. B)  We are  95 \%  confident that the mean number of man-hours worked per day falls between  47.224  and  119.126  for all days in which 7,781 pieces of mail are processed and 644 checks are cashed.  C)  We are  95 \%  confident that the number of man-hours worked per day falls between  47.224  and 119.126. D)  We are  95 \%  confident that between  47.224  and  119.126  man -hours will be worked during a single day in which 7,781 pieces of mail are processed and 644 checks are cashed.

Interpret the 95%95 \% prediction interval for yy shown on the printout.


A) We expect to predict number of man-hours worked per day to within an amount between 47.22447.224 and 119.126119.126 of the true value.
B) We are 95%95 \% confident that the mean number of man-hours worked per day falls between 47.22447.224 and 119.126119.126 for all days in which 7,781 pieces of mail are processed and 644 checks are cashed.

C) We are 95%95 \% confident that the number of man-hours worked per day falls between 47.22447.224 and 119.126.
D) We are 95%95 \% confident that between 47.22447.224 and 119.126119.126 man -hours will be worked during a single day in which 7,781 pieces of mail are processed and 644 checks are cashed.

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