(Answered):Probability And Statistics Homework 2 . . . .

Question Description

Problem description: You oversee a manufacturing facility that produces an automotive part (steel shaft for the gearbox). The acceptable dimension of the shaft is 2.5±0.05 inches in diameter with the most desirable product being exactly 2.5 inches. Two vendors are trying to sell their equipment for the shaft-machining task to your company, Automotive Parts Corporation. You have been asked to assess the equipment from each vendor, and to make a recommendation on which one to make the purchase from, supported by a justification for your decision.

You asked both vendors to supply data on the machining accuracy of