A bank with a branch (Branch 1) located in a commercial district of a city has developed an improved process for serving customers during the noon-to-1 p.m. lunch period. The waiting time (operationally defined as the time elapsed from when the customer enters the line until he or she reaches the teller window) needs to be shortened to increase customer satisfaction. A random sample of 15 customers is selected and the results (in minutes) are shown in the table on the left. In addition, suppose that another branch (Branch 2), located in a residential area, is also concerned with the noon-to-1 p.m. lunch period. A random sample of 15 customers is selected and the results are shown in the table on the left. Assuming that the population variances from both branches are equal, is there evidence of a significant difference in the mean waiting time between the two branches? Use alpha = 0.01. Solve this question using Excel. State the null & alternative hypotheses clearly. Interpret the Excel output and state your conclusion clearly. Provide all your results and comments on this sheet. Specifically, type in your answers in the spaces provided below: Please watch the videos (in Excel Lab 2.2a and Excel Lab 2.2b) related to hypothesis testing with two samples prior to attempting this question. Are the samples related (i.e. dependent) or independent? Null Hypothesis:
A bank with a branch (Branch 1) located in a commercial district of a city has developed an improved process for serving customers during the noon-to-1 p.m. lunch period. The waiting time (operationally defined as the time elapsed from when the customer enters the line until he or she reaches the teller window) needs to be shortened to increase customer satisfaction. A random sample of 15 customers is selected and the results (in minutes) are shown in the table on the left. In addition, suppose that another branch (Branch 2), located in a residential area, is also concerned with the noon-to-1 p.m. lunch period. A random sample of 15 customers is selected and the results are shown in the table on the left. Assuming that the population variances from both branches are equal, is there evidence of a significant difference in the mean waiting time between the two branches? Use alpha = 0.01. Solve this question using Excel. State the null & alternative hypotheses clearly. Interpret the Excel output and state your conclusion clearly. Provide all your results and comments on this sheet. Specifically, type in your answers in the spaces provided below: Please watch the videos (in Excel Lab 2.2a and Excel Lab 2.2b) related to hypothesis testing with two samples prior to attempting this question. Are the samples related (i.e. dependent) or independent? Null Hypothesis:
MATLAB: An Introduction with Applications
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I need help with this statistics question in excel. I understand that the word questions can't be helped. I would greatly appreciate any help with that statistics math in excel.
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Branch 1 (u,) Branch 2 (u,) A bank with a branch (Branch 1) located in a commercial district of a city has developed an improved
process for serving customers during the noon-to-1 p.m. lunch period. The waiting time (operationally
defined as the time elapsed from when the customer enters the line until he or she reaches the teller
window) needs to be shortened to increase customer satisfaction. A random sample of 15 customers is
selected and the results (in minutes) are shown in the table on the left. In addition, suppose that another
branch (Branch 2), located in a residential area, is also concerned with the noon-to-1 p.m. lunch period. A
random sample of 15 customers is selected and the results are shown in the table on the left. Assuming
that the population variances from both branches are equal, is there evidence of a significant difference in
the mean waiting time between the two branches? Use alpha = 0.01.
4.21
9.66
2
3
5.55
5.90
3.02
8.02
4
5.13
5.79
6
4.77
8.73
Solve this question using Excel. State the null & alternative hypotheses clearly. Interpret the Excel output
and state your conclusion clearly. Provide all your results and comments on this sheet. Specifically, type in
your answers in the spaces provided below:
7
2.34
3.82
8
3.54
8.01
Please watch the videos (in Excel Lab 2.2a and Excel Lab 2.2b) related to hypothesis testing with two
samples prior to attempting this question.
9
3.20
8.35
10
4.50
10.49
11
6.10
6.68
Are the samples related (i.e. dependent) or independent?
12
0.38
5.64
5.12
4.08
Null Hypothesis:
13
14
6.46
6.17
15
6.19
9.91
3.79
5.47
Alternative Hypothesis:
16
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6.10
6.68
Are the samples related (i.e. dependent) or independent?
11
12
0.38
5.64
5.12
4.08
Null Hypothesis:
13
14
6.46
6.17
15
6.19
9.91
3.79
5.47
Alternative Hypothesis:
16
17
18
Interpretation of Excel output (Conclusion of Hypothesis test):
19
20
21
Business implications:
22
23
24
25
26
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