document.write( "Question 928128: A local retailer claims that the mean waiting time is less than 8 minutes. A random sample of 20 waiting times has a sample mean of 6.4 minutes with a sample standard deviation of 2.1 minutes. A a=0.01 test the retailer's claim. The null hypothesis is mu=8 mins. \n" ); document.write( "
Algebra.Com's Answer #563487 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! Ho: u = 8min \n" ); document.write( "Ha: u < 8min (claim) \n" ); document.write( "....... \n" ); document.write( "sample of 20: mean of 6.4 minutes with a sample standard deviation of 2.1 minutes. \n" ); document.write( "t(6.4) = -1.6/(2.1/sqrt(20)) = -3.407 \n" ); document.write( "p-value = tcdf(-100, -3.407, 19) = .0015 \n" ); document.write( "....... \n" ); document.write( "confidence level .01 \n" ); document.write( ".0015< .01 \n" ); document.write( "Test results rejects Ho and supports retailer's claim \n" ); document.write( " \n" ); document.write( " |