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A competitor's bank checks the waiting times at both banks. The sample statistics are listed below. Test the local bank's claim: (a) assuming that ơ̟ = 02, and (b) assuming that 0̟ # 02. Use a = 0.05. Local Bank Competitor's Bank |ni = 15 |X1 = 5.3 minutes n2 = 16 X2 = 5.6 minutes S1 =1.1 minutes S2 = 1.1 minutes

A competitor's bank checks the waiting times at both banks. The sample statistics are listed below. Test the local bank's claim: (a) assuming that ơ̟ = 02, and (b) assuming that 0̟ # 02. Use a = 0.05. Local Bank Competitor's Bank |ni = 15 |X1 = 5.3 minutes n2 = 16 X2 = 5.6 minutes S1 =1.1 minutes S2 = 1.1 minutes

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 2GP
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A competitor's bank checks the waiting times at both banks. The sample statistics are listed below. Test the local bank's claim: (a) assuming that ơ̟ = 02, and (b) assuming that 0̟ # 02. Use a = 0.05. Local Bank Competitor's Bank |ni = 15 |X1 = 5.3 minutes n2 = 16 X2 = 5.6 minutes S1 =1.1 minutes S2 = 1.1 minutes
Transcribed Image Text:A competitor's bank checks the waiting times at both banks. The sample statistics are listed below. Test the local bank's claim: (a) assuming that ơ̟ = 02, and (b) assuming that 0̟ # 02. Use a = 0.05. Local Bank Competitor's Bank |ni = 15 |X1 = 5.3 minutes n2 = 16 X2 = 5.6 minutes S1 =1.1 minutes S2 = 1.1 minutes
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