You are considering a new delivery system and wish to test whether the new system will conform to your requirements at a 5% significance level. It is well established that the mean delivery time of the current system is 2.38 days. The specifications of the new delivery system state that the average variation (standard deviation) of the delivery times is 0.43 days. To test the new system, we have data for 48 delivery times. For the sample, the average delivery time of the new system is 2.23 days.
You would like to test if the average delivery time of the new system is significantly different from that of the old system
What is the test statistic?
What is the critical value?
What is the rejection region?
What is the p-value?
I would really appreciate some solving these with an in depth explanation of the formulas needed.
Test statistic,
z = (xbar - mu)/(sigma/sqrt(n))
z = (2.23 - 2.38)/(0.43/sqrt(48))
z = -2.42
Rejection Region
This is two tailed test, for α = 0.05
Critical value of z are -1.96 and 1.96.
Hence reject H0 if z < -1.96 or z > 1.96
P-value Approach
P-value = 0.0155
As P-value < 0.05, reject the null hypothesis.
You are considering a new delivery system and wish to test whether the new system will...
Question 6 (1 point) A new system promises to reduce the average delivery time of 22 hours. After the implementation of the new system, a sample of 100 deliveries showed a sample mean of 21.5 hours with a standard deviation of 2.5 hours. Assume a p-value = 0.08. What is your conclusion at alpha = 0.05? Question 6 options: I do not reject Ho. I conclude that the new system did not reduce the average delivery time I reject Ho....
A local pizza place claims that they average a delivery time of 10.14 minutes. To test this claim, you order 13 pizzas over the next month at random times on random days of the week. You calculate that the average delivery time is 8.59 minutes with a standard deviation of 1.721 minutes. You create a 99% confidence interval of (7.13, 10.05). Of those listed below, what is the best conclusion you can make? Question 7 options: 1) The percentage of...
34. A biometric system is designed to reduce the time it takes for payments to reach payees. Researchers would like to evaluate the effectiveness of using this payment system by carrying out a hypothesis test. In a certain village in India, they knew that it took on average 1.22 days for the recipients to obtain the welfare payments prior to introduction of the system. After the system was introduced, researchers took a random sample of 46 villagers and found that...
A new design for the braking
system of a car has been proposed. For the current system, the true
average braking distance at 40 mph is known to be 120ft. It is
proposed that the new design be implemented only if sample data
strongly indicates a reduction in true average braking distance for
the new design.
A new design for the braking system of a car has been proposed. For the current system, the true average braking distance at 40...
Acme Delivery is considering a proposal for new package tracking technology. The system has an estimated initial cost of $1.9 million and will require upgrades and maintenance of $140,000 each year. Acme estimates that improved tracking will save approximately $680,000 per year. Acme has a MARR of 15% per year, and the study period for this technology is 6 years, after which time Acme expects the entire system will need to be replaced Determine how sensitive the decision to invest...
each I. IH of f the ollowing scenarios state whether you would use a: Z-test, T-test, One-Proportion Z-test, mple Z-test, Two-Sample T-test, Two-Proportion Z-test, or Matched Pair Test to test the given claim. You DO NOT have to perform the test. Simply state the test you wou ld use. Note: Ifyou would use he differences in a matched pair test, say that you would use a matched pair test. a) A quality-control manager at an amusement park feels that the...
1) (15%) For Applied Management Statistics class you want to know how college students feel about the transportation system in Barcelona. a) What is the population in this study? b) What type of sample would you use and why? 2) (25%) A manager of an e-commerce company would like to determine average delivery time of the products. A sample of 25 customers is taken. The average delivery time in the sample was four days. Suppose the delivery times are normally...
1. A new shopping mall is considering setting up a car wash manned by six employees. From past data, Regal Car Wash estimates that dirty cars arrive at the rate of 10 per hour all day Saturday. With a crew working the wash line, Regal figures that cars can be cleaned at the rate of one every 5 minutes. One car at a time is cleaned in this example of a single-channel waiting line. It is assumed that arrivals are...
Caspian Sea Drinks is considering the purchase of a new water filtration system produced by Rube Goldberg Machines. This new equipment, the RGM-7000, will allow Caspian Sea Drinks to expand production. It will cost $14.00 million fully installed and will be fully depreciated over a 20 year life, then removed for no cost. The RGM-7000 will result in additional revenues of $3.04 million per year and increased operating costs of $507,343.00 per year. Caspian Sea Drinks' marginal tax rate is...
A.
B.
2. Identify the test statistic. (Round to two decimal places as
needed.)
3. Use technology to identify the P-value. (Round to three
decimal places as needed.)
4. What is the conclusion for this hypothesis test?
A. Fail to reject H 0. There is insufficient evidence to support
the claim that the treatment group has errors that vary
significantly more than the errors of the placebo group.
B. Reject H 0. There is insufficient evidence to support the claim...