Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A large Australia-owned supermarket chain has a target average processing time of 90 seconds for customers who reach a checkout in the 12 items or

A large Australia-owned supermarket chain has a target average processing time of 90 seconds for customers who reach a checkout in the "12 items or less" queue. To test that its Hobart city store is meeting this target, the processing time taken by a random sample of 50 customers in this queue is recorded. The average processing time of the sample is found to be 101 seconds with a sample standard deviation of 35 seconds. Answer the following questions.

a) Using a 1% level of significance, conduct a hypothesis test to decide whether there is evidence to show that the population average of processing time in the Hobart city store exceeds the target average process time. [8 marks]

b) Explain in the context of the above scenario the meanings of making a type I error and a type II error.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Marketing

Authors: Shane Hunt

3rd Edition

1260800458, 9781260800456

More Books

Students also viewed these Economics questions