SOLUTION: The management of White Industries is considering a new method of assembling its golf cart. The present method requires 42.3 minutes, on the average, to assemble a cart. The mean

Question 166726This question is from textbook Statistical Techniques in Business and Economics
: The management of White Industries is considering a new method of assembling its golf cart. The present method requires 42.3 minutes, on the average, to assemble a cart.
The mean assembly time for a random sample of 24 carts, using the new method, was 40.6 minutes, and the standard deviation of the sample was 2.7 minutes.
Using the .10 level of significance, can we conclude that the assembly time using the new method is faster?
This question is from textbook Statistical Techniques in Business and Economics

Answer by JBarnum(2146) (Show Source): You can put this solution on YOUR website!
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