Question no 1

PART A The goliath Tool Company produces slip ring bearings which look like washers. They fit around shaft such as drive shafts in machinery or motors. In the production process for a particular slip ring bearing the employees have taken 10 samples (during a 10 day period) of 5 slip ring bearings. The individual observations are shown below. Prepare the R chart and X bar chart. Observation (slip ring diameters cm) 1 2 3 4 5 5.02 5.01 4.94 4.99 4.96 5.01 5.03 5.07 4.95 4.96 4.99 5 4.93 4.92 4.99 5.03 4.91 5.01 4.98 4.89 4.95 4.92 5.03 5.05 5.01 4.97 5.06 5.06 4.96 5.03 5.05 5.01 5.1 4.96 4.99 5.09 5.1 5 4.99 5.08 5.14 5.1 4.99 5.08 5.09 5.01 4.98 5.08 5.07 4.99

Sample No 1 2 3 4 5 6 7 8 9 10

PART B A firm believes that its annual profit depends on its expenditure for research .The information for the preceding six years is given below. Estimate the profit when the expenditure is 6 units.

Year 1 2 3 4 5 6 7

Expenditure for Research(X) 2 3 5 4 11 5 6

Annual Profit 20 25 34 30 40 31 ?