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
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-> 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
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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?