Basic Business Statistics, Student Value Edition (13th Edition)
Basic Business Statistics, Student Value Edition (13th Edition)
13th Edition
ISBN: 9780321946393
Author: Mark L. Berenson, David M. Levine, Kathryn A. Szabat
Publisher: PEARSON
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Chapter 10, Problem 12PS

A bank with a branch located in a commercial district of a city has the business objective of developing an improved for serving customers during the noon-to-1 p.m. lunch period. Management decides to first study the waiting time in the current process. The waiting time is defined as the number of minutes that elapses from when the customer enters the line until he or she reaches the teller window. Data are collected from a random sample of 15 customers and stored in Bank1. These data are:

Chapter 10, Problem 12PS, A bank with a branch located in a commercial district of a city has the business objective of , example  1

Suppose that another branch, located in a residential area, is also concerned with improving the process of serving customers in the noon-to-1 p.m. lunch period. Data are collected from a random sample of 15 customers and stored in Bank2. These data are:

Chapter 10, Problem 12PS, A bank with a branch located in a commercial district of a city has the business objective of , example  2

a. Assuming that the population variances from both banks are equal, is there evidence of a difference in the mean waiting time between the two branches? ( Use α = 0.05. )

b. Determine the p-value in (a) and interpret its meaning.

c. In addition to equal variances, what other assumption is necessary in (a)?

d. Construct and interpret a 95 % confidence interval estimate of the difference between the population means in the two branches.

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Chapter 10 Solutions

Basic Business Statistics, Student Value Edition (13th Edition)

Ch. 10 - An important feature of digital cameras is battery...Ch. 10 - A bank with a branch located in a commercial...Ch. 10 - Repeat Problem 10.12 (a), assuming that the...Ch. 10 - As a member of the international strategic...Ch. 10 - Repeat Problem 10.14 (a), assuming that the...Ch. 10 - Prob. 16PSCh. 10 - Prob. 17PSCh. 10 - Prob. 18PSCh. 10 - Prob. 19PSCh. 10 - Nine experts rated two brands of coffee in...Ch. 10 - Prob. 21PSCh. 10 - Super Target versus Walmart: Who has the lowest...Ch. 10 - Prob. 23PSCh. 10 - Multiple myeloma, or blood plasma cancer, is...Ch. 10 - Prob. 25PSCh. 10 - The file Concrete1 contains the compressive...Ch. 10 - Prob. 27PSCh. 10 - Prob. 28PSCh. 10 - Prob. 29PSCh. 10 - Prob. 30PSCh. 10 - Prob. 31PSCh. 10 - Prob. 32PSCh. 10 - What social media tools do marketers commonly use?...Ch. 10 - Prob. 34PSCh. 10 - Prob. 35PSCh. 10 - Prob. 36PSCh. 10 - Prob. 37PSCh. 10 - Prob. 38PSCh. 10 - The following information is available is for two...Ch. 10 - In Problem 10.39, how many degrees of freedom are...Ch. 10 - In problem 10.38 and 10.39, what is the upper-tail...Ch. 10 - In Problem 10.39, what is your statistical...Ch. 10 - The following information is available for two...Ch. 10 - Prob. 44PSCh. 10 - A problem with a telephone line that prevents a...Ch. 10 - Prob. 46PSCh. 10 - A bank with a branch located in a commercial...Ch. 10 - Prob. 48PSCh. 10 - Prob. 49PSCh. 10 - Prob. 50PSCh. 10 - Prob. 51PSCh. 10 - Prob. 52PSCh. 10 - Prob. 53PSCh. 10 - What is the distinction between two independent...Ch. 10 - Prob. 55PSCh. 10 - Prob. 56PSCh. 10 - Prob. 57PSCh. 10 - The American Society for Quality (ASQ) conducted a...Ch. 10 - Prob. 59PSCh. 10 - Prob. 60PSCh. 10 - The file Restaurants contains the rating for food,...Ch. 10 - A Computer information systems professor is...Ch. 10 - Prob. 63PSCh. 10 - Prob. 64PSCh. 10 - Prob. 65PSCh. 10 - Prob. 66PSCh. 10 - Prob. 67PSCh. 10 - Prob. 68PSCh. 10 - Prob. 69PSCh. 10 - Referring to the results of Problems 10.67 and...
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