A nationwide clothing store has found that the average customer wait time to get checked out is 9 minutes with a population standard deviation of 2 minutes. A branch manager has hired more personnel in order to reduce the amount of customer wait time. He takes a random sample of 50 customers and finds that the average wait time is 8 minutes. Calculate the test statistic. (Round your answer to two decimal places.) Based on ? = 0.01, what is the correct conclusion for the hypothesis test?
A nationwide clothing store has found that the average customer wait time to get checked out is 9 minutes with a population standard deviation of 2 minutes. A branch manager has hired more personnel in order to reduce the amount of customer wait time. He takes a random sample of 50 customers and finds that the average wait time is 8 minutes. Calculate the test statistic. (Round your answer to two decimal places.) Based on ? = 0.01, what is the correct conclusion for the hypothesis test?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A nationwide clothing store has found that the average customer wait time to get checked out is 9 minutes with a population standard deviation of 2 minutes. A branch manager has hired more personnel in order to reduce the amount of customer wait time. He takes a random sample of 50 customers and finds that the average wait time is 8 minutes.
Calculate the test statistic. (Round your answer to two decimal places.)
Based on
? = 0.01,
what is the correct conclusion for the hypothesis test?Expert Solution
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