Preview

M&M Statistics

Satisfactory Essays
Open Document
Open Document
961 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
M&M Statistics
MAT 300: STATISTICS M&M PROJECT PAPER ALEXANDREA WINT PROFESSOR AZAD, VARGHA June 3, 2012

Purpose of Report
The purpose of this project is to find the information for a quality control manager of Masterfoods plant. The manager wants to know about the proportion of candies and if they are the same or different. If there is any difference that exists then the manager wants to know why there is a difference in such cases. A study was conducted and results were obtained and based on these statistical results we will try to gain information about the quality of Masterfoods plant. Part1: Sampling Method
Sampling method is used to draw the random sample from the population of candies from different bags is known as the simple random sampling without replacement. 36 bags were drawn from the population of different color of candies and after drawing the 36 samples; the numbers of different candies are calculated. For sample in bag one how many are blue candies, how many are red candies, how many are yellow candies etc. There are six different colors in each bag. So the record is made after collecting the sample. Part 2: Method, Analysis, Results
In this section we have made attempts to find the descriptive statistics related to the number of candies or proportion of candies in the bag. The mean number of candies per bag is approximately equaled to 55. This means that we are expecting 55 candies with a standard deviation of 2.1 in each bag and out of these we also expecting that the proportion of different colors of candies should be equal for each bag. The sample proportion for blue candies is .1916, for orange candies is 0.18, for green candies is 0.1815, for yellow candies is 0.1663, for red candies is 0.136 and for brown candies is 0.1446. For this results we have sampled 36 bags which contains 1978 candies overall. Part 3: Method, Analysis, Results
For this part the 95% confidence intervals are obtained for each color of candies and

You May Also Find These Documents Helpful

  • Powerful Essays

    lab 9 Rose

    • 908 Words
    • 6 Pages

    I made comparisons of colored dyes from different sources like Reese’s Pieces and M&M Candies to determine whether the coloring components are the same. I chose the same yellow color. The independent variable I chose is the different brands. The dependent variable is measured using the chromatography paper.…

    • 908 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    M N M Project 5

    • 612 Words
    • 3 Pages

    The purpose of this report is to examine the packaging process of M & M candies for a 1.69oz bag. This process is achieved by way of using random sampling to gather data on the number of colored M&M candies (blue, orange, green, yellow, red, brown,) as well as testing the sample proportion / sample mean, and constructing a 95% confidence interval. This report should provide a better understanding as to the methods used behind packing M&M candies.…

    • 612 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    QNT 561 Final Exam

    • 697 Words
    • 5 Pages

    11. We wish to develop a confidence interval for the population mean. The population follows the normal distribution, the standard deviation of the population is 3, and we have a sample of 10 observations. We decide to use the 90 percent level of confidence. The appropriate value of to represent the level of confidence is…

    • 697 Words
    • 5 Pages
    Good Essays
  • Good Essays

    A researcher for Kraft Foods selects five states randomly, and then selects 10 supermarkets chains within each state to call for a phone survey as test markets for a new cookie. Quota…

    • 723 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    M&M Lab Report

    • 406 Words
    • 2 Pages

    The purpose of this experiment was to find, record, and compare the amount of each color of M&M’s in a bag.…

    • 406 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Percent Geometric Return

    • 600 Words
    • 3 Pages

    6. Calculating Variability ( LO4, CFA2) Using the information from the previous problem, calculate the variances and the standard deviations for Cherry and Straw.…

    • 600 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    diversity lab

    • 554 Words
    • 5 Pages

    4. Calculate the diversity index of both the bag of chocolate candies and fruit candies…

    • 554 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    M&M Lab Biology

    • 474 Words
    • 2 Pages

    From your data, what would be an accurate way to determine the number of M&M’s in a random bag you pick up at the grocery store?…

    • 474 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Ted Bakery

    • 2879 Words
    • 12 Pages

    This report was commissioned in order to do analysis for the company Bread Talk for the launch of their new product named as Diabetic cake. In this research, I have explained all the important factors which company needed to understand before launch their new product. At first I have given brief introduction of the company and the new product which they want to launch. For the situation analysis, I have used porter’s five forces for understanding the important factors and after that there is complete competitor analysis on the two main competitors of the company. After situation analysis, I have provided information about the product strategy and the product description and its target market. There Is complete analysis on the distribution, promotion, positioning and pricing strategies for their product. In economic analysis, there is research carried out on the sales which company can generate and the pro forma cash flow with their investment outlay. Apart from these things I have provided company with some control objectives which they can used to enhance their business operations and the most important factor is to do evaluation in which company can evaluate their strategies to…

    • 2879 Words
    • 12 Pages
    Best Essays
  • Satisfactory Essays

    c.Experiment: In order to test this hypothesis 3 batches of each type cupcakes shall be made to ensure a decent sampling size. Each batch of cupcakes shall be the same flavor, poured the same amount into each cup, placed in the same type of pan, cooked in the same oven, and for the same amount of time. This allows only one variable–the gluten. Due to this the gluten is the independent variable, the regular cupcakes are the experimental groups, and the gluten free cupcakes are the control group. Once they are both completely cooled off, specimens will be chosen at random from both…

    • 158 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Half Life Experiment

    • 348 Words
    • 2 Pages

    According to my data no my hypothesis was not correct because the number of candies removed after each shaking…

    • 348 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Coco Cola case study

    • 543 Words
    • 3 Pages

    Random sample of fifty bottle fills at the Russian Coca Cola factory taken from the population. The measurements of each bottles are mentioned in the table below:…

    • 543 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    A total of 12 respondents (Bakeries and Pastry Shops) took part in the survey conducted by the proponents of the project. After gathering and recording all the data needed, it shows that 42% of the respondents order sacks of flour daily and 50% weekly. With regards to the consumed sacks of flour per delivery, 17% consumes 2 sacks of flour and another 17% on 3 sacks. 58% consumes 4 sacks and only 8% consumes more than 5 sacks.…

    • 424 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    In this report we will analyse the confectionery industry. We will start in the first chapter by painting an…

    • 15190 Words
    • 61 Pages
    Powerful Essays
  • Good Essays

    Chocolate Companies

    • 663 Words
    • 3 Pages

    The aim of this project is to implement concepts learned from MKT303 Course that is about analyzing retail marketing and why can one retailer be more successful than another. In addition, the aim of this project is to see what kind of difficulties that retailers face and assign solutions to overcome those difficulties. In this report tow retailers were chosen from the same industry, they are Godiva and Patchi. The report will start by talking about history of chocolate. Then, introduction about Patchi and then Godiva followed by a primary research. Finally, the conclusion and recommendation. Microsoft Excel was used to calculate to results of questionnaire.…

    • 663 Words
    • 3 Pages
    Good Essays