SOLUTION: A furniture store claims that a specially ordered product will take, on average, µ = 35 days (5 weeks) to arrive. The standard deviation of these waiting times is 6 days. We suspe
Algebra.Com
Question 329771: A furniture store claims that a specially ordered product will take, on average, µ = 35 days (5 weeks) to arrive. The standard deviation of these waiting times is 6 days. We suspect that the special orders are taking longer than this. To test this suspicion, we track a random sample of 90 special orders and find that the orders took a mean of 36 days to arrive. Can we conclude at the 0.1 level of significance that the mean waiting time on special orders at this furniture store exceeds 35 days
Perform a one-tailed test
Null Hypothesis: Ho
Alternative Hypothesis: H1
Type of Test Statistic:
The Value of the Test Statistic:
The p-value:
Can we compute that the mean waiting time on special orders at this furniture store exceeds 35 days?
Answer by lauralee330(1) (Show Source): You can put this solution on YOUR website!
RELATED QUESTIONS
A study on the delivery time of mail between two locations has found that the data... (answered by Boreal)
A study on the delivery time of mail between two locations has found that the data... (answered by jim_thompson5910)
Each morning a waitress either walks, cycles or takes the bus to her workplace. The... (answered by ewatrrr)
1) Katie works part time at a grocery store to earn extra money to buy a furniture set... (answered by ikleyn)
please help.
A furniture store marks up items 20%(based on cost). It the furniture... (answered by 303795)
sorry Sir, i can't understand this question from last 5 days, please help me.
SSI... (answered by lynnlo)
A furniture store sells its dining room sets at a set price that is 30% more than it paid (answered by rfer,macston)
A FURNITURE STORE MARKS UP ITEMS 20% (BASED ON COST). IF THE FURNITURE STOR BUYS A COUCH... (answered by checkley71)
A furniture store marks up the price that it pays the manufacturer for dining room sets... (answered by richwmiller)