Refer to Exercise 12.33 in which you collected 50 sequential observations on your ability to measure 5 seconds. Suppose we define acceptable performance as seconds.
Assume that the Normal distribution is sufficiently adequate to describe your distribution of times. Estimate the percent of stopwatch recordings that will meet specifications if your process remains in its current state.
Estimate your personal .
Estimate your personal .
Are your and close in value? If not, what does that suggest about your stopwatch recording ability?