For the past few years, the number of customers of a drive-up bank in New York has
Question:
For the past few years, the number of customers of a drive-up bank in New York has averaged 20 per hour, with a standard deviation of 3 per hour. This year, another bank 1 mile away opened a drive-up window. The manager of the first bank believes that this will result in a decrease in the number of customers. The number of customers who arrived during 36 randomly selected hours was recorded.
Can we conclude at the 5% significance level that the manager is correct?
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20 20 Pvalue P Z 12...View the full answer
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Ali Khawaja
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Related Book For 
Statistics For Management And Economics Abbreviated
ISBN: 9781285869643
10th Edition
Authors: Gerald Keller
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