Apply the 6 steps in hypothesis testing: 1. Formulate the ?0 and ?? 2. Choose test statistic (such as z- test, t- test, or F-test) 3. Determine the critical region/ rejection region 4. Calculate the test statistic 5. Provide statistical decision (Reject/ or not to reject ?0) 6. Make an interpretation and if possible, draw conclusion. With individual lines at its various windows, a bank finds that the mean waiting time and the standard deviation for normally distributed waiting times on Monday mornings is 26.7 minutes and 6.2 min, respectively. The bank experimented with a single main waiting line and finds that for a random sample of 35 customers, the waiting times have a mean of 28 minutes. At the, test the claim that a single line causes higher mean waiting time among the waiting lines.
Apply the 6 steps in hypothesis testing:
1. Formulate the ?0 and ??
2. Choose test statistic (such as z- test, t- test, or F-test)
3. Determine the critical region/ rejection region
4. Calculate the test statistic
5. Provide statistical decision (Reject/ or not to reject ?0)
6. Make an interpretation and if possible, draw conclusion.
With individual lines at its various windows, a bank finds that the
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