Two Microprocessors Are Compared on a Sample of 6 Benchmark

question 30

Multiple Choice

Two microprocessors are compared on a sample of 6 benchmark codes to determine whether there is a difference in speed. The times (in seconds) used by each processor on each code are given below: Find the 95% confidence interval for the difference between the mean speeds.

• A) (-3.61, 8.14)
• B) (-3.92, 8.45)
• C) (-2.98, 7.51)
• D) (-3.19, 7.72)

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Definitions:

Break-even Point

The production level where total revenues equals total expenses, and there is neither profit nor loss.

Perfectly Elastic

Perfectly elastic describes a situation where the quantity demanded or supplied responds infinitely or extremely to changes in price.

Shutdown Point

The level of production and price at which a business's total revenue is equal to its total variable costs, making it indifferent between ceasing operations and continuing to produce.

Break-even

The point at which revenue received equals the costs associated with receiving the revenue, resulting in neither a profit nor a loss.