Manufacturing costs $2,000,000 units manufactured 50,000 units sold 47,000 units sold for $75 per unit beginning inventory 0 units 10) what is the amount of gross margin? a.$1,750,000 b.$3,525,000 c.$5,405,000 d.$1,645,000

An automobile assembly line operation has a scheduled mean completion time, μ, of 12 minutes. the standard deviation of completion times is 1.6 minutes. it is claimed that, under new management, the mean completion time has decreased. to test this claim, a random sample of 33 completion times under new management was taken. the sample had a mean of 11.2 minutes. assume that the population is normally distributed. can we support, at the 0.05 level of significance, the claim that the mean completion time has decreased under new management? assume that the standard deviation of completion times has not changed.