Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A law firm is evaluating the delivery time of two courier delivery services in Cape Town. They believe that there is a difference between the

A law firm is evaluating the delivery time of two courier delivery services in Cape Town. They believe that there is a difference between the average delivery times for the two courier services. To investigate this matter further, the firm decides to use both courier services daily over a two-month period for deliveries to similar destinations. The delivery times for each courier service are recorded over the two-month period. It is found that Courier 1 was used by the firm 32 times and their average delivery time was 43 minutes with of standard deviation of 12 minutes. Courier 2 was used 35 times, and their average delivery time was 36 minutes with a standard deviation of 8 minutes. Assume all delivery times are normally distributed. Test at a 10% significance level whether there is any validity to what the law firms believes

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

Understanding Management

Authors: Richard L Daft, Dorothy Marcic

6th Edition

9780324581782, 324581785, 978-0324568387

More Books

Students also viewed these General Management questions

Question

\f

Answered: 1 week ago