CCN and Act Media provided a television channel targeted to individuals waiting in super-market checkout lines. The
Question:
CCN and Act Media provided a television channel targeted to individuals waiting in super-market checkout lines. The channel showed news, short features, and advertisements. The length of the program was based on the assumption that the population mean time a shopper stands in a supermarket checkout line is 8 minutes. A sample of actual waiting times will be used to test this assumption and determine whether actual mean waiting time differs from this standard.
a. Formulate the hypotheses for this application.
b. A sample of 120 shoppers showed a sample mean waiting time of 8.4 minutes. Assume a population standard deviation of σ = 3.2 minutes. What is the p-value?
c. At α = .05, what is your conclusion?
d. Compute a 95% confidence interval for the population mean. Does it support your conclusion?
Step by Step Answer:
Essentials Of Statistics For Business And Economics
ISBN: 9781305081598
7th Edition
Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam