A change store claims that the mean of waiting time is 3.5 minutes. A regular customer who happened to be taking a statistics and probability class believes that the wait time is longer. The student then gathers a random sample of 20 customers which has a mean of 3.8 minutes with a standard deviation of 0.5 minute. If alpha=0.05, test the store's claim.
Ho:
H1:
Test statistic:
Critical value:
P value:
Conclusion:
A change store claims that the mean of waiting time is 3.5 minutes. A regular customer...
A local hardware store claims that the mean waiting time in line is less than 3.5 minutes. A random sample of 20 customers has a mean of 3.3 minutes with a standard deviation of 0.8 minute. If a = 0.05, test the store's claim. Assumption: ? Parameter: ? Hypothesis: ? Test Statistic: ? Reject- Region: ? Calculated Test Statistic: ? Conclusion: ? P-value: ?
A bank claims that the mean waiting time in line is less than 4.1 minutes. A random sample of 60 customers has a mean of 4 minutes. Assuming a population standard deviation of 0.6 minute, test the bank's claim with an ? = 0.05 level of confidence. ?0 = ___________________________________ ?? = ___________________________________ Test Statistic = __________________________ Alpha level of significance= __________________ Classical Critical Value = ____________________ P-value = _______________________________ ________Conclusion: A) reject ?0 B) fail to reject ?0 ________Interpretation:...
A public bus company official claims that the mean waiting time for bus number 14 during peak hours is less than 10 minutes. Karen took bus 14 during peak hours on 18 different occasions. Her mean waiting time was 7.4 minutes. Assume that the standard deviation has been historically known to be 2.2 minutes. At the .05 significance level, test the claim that the mean waiting time is less than 10 minutes. 1. State the null hypothesis H0: _____________ 2....
A local bank claims that the waiting time for its customers to be served is the lowest in the area. A competitor bank checks the waiting times at both banks. The sample statistics are listed below. a) Construct a 95% confidence interval for the difference of means. (NEED UPPER AND LOWER BOUND!!!!!!!) b)Use alpha=0.05 to test the local bank's claim. Local Bank: n1=45 xbar1=5.3 minutes s1=1.1 minutes Competitor Bank: n2=50 xbar2=5.6 minutes s2=1.0 minute
A public bus company official claims that the mean waiting time for bus number 14 during peak hours is less than 10 minutes. Karen took bus number 14 during peak hours on 18 different occasions. Her mean waiting time was 9 minutes with a standard deviation of 2.9 minutes. At the 0.01 significance level, test the claim that the mean waiting time is less than 10 minutes. - Identify the null hypothesis and alternative hypothesis - Identify the test statistic...
26. A bank claims that the mean waiting time in line is less than 2.2 minutes. A randoms ample of 20 customers has a mean of 2 minutes with a standard deviation of 0.8 minute. If a 0.05, test t banks claim using the classical method and P-values! You must show all work and you found your values. This includes showing any formulas used! Give an interpretation as well show how
Question 18 2 pts A public bus company official claims that the mean waiting time for bus number 14 during peak hours is less than 10 minutes. Karen took bus number 14 during peak hours on 18 different occasions. Her mean waiting time was 9 minutes with a standard deviation of 2.9 minutes. At the 0.01 significance level, test the claim that the mean waiting time is less than 10 minutes. Identify the final conclusion that addresses the original claim....
Alocal retailer daims that the mean waiting time is less than 5 minutes. A random sample of 20 waiting times has a mean of 3.5 minutes with a standard deviation of 21 minutes. Ata -0.01, test the retailer's claim. Assume the distribution is normally distributed The test statistic was calculated to be 3.194 and the critical value from the distribution table is 2.539. What decision and conclusion can you make? Reject the wil hypothesis, there is enough evidence to conclude...
6) The YourMoney Bank claims that the mean waiting time of customers for service at the drive through window is 3 minutes. a) State the Hypothesis to show the mean waiting time for service different than 3 minutes. b) Choose a level of a. Use a= 0.05 for this problem. c) To test the hypothesis, the quality-assurance department took a sample of 50 customers and records their waiting time in minutes. The data appear in the YourMoney worksheet of the...
A public bus company official claims that the mean waiting time for bus number 14 during peak hours is less than 10 minutes. Karen took bus number 14 during peak hours on 18 different occasions. Her mean waiting time was 11.1 minutes with a standard deviation of 1.5 minutes. At the 0.01 significance level, test the claim that the mean waiting time is less than 10 minutes. (b) Calculate the test statistics. t-statistics= (c) Calculate the critical value. t-critical=