Question
Chicken Delight claims that 95% of its orders are delivered within 10 minutes of the time the order is placed. A sample of 80 orders
Chicken Delight claims that 95% of its orders are delivered within 10 minutes of the time the order is placed. A sample of 80 orders revealed that 74 were delivered within the promised time. At the 0.01 significance level, can we conclude that less than 95% of the orders are delivered in less than 10 minutes? |
(a) | What is the decision rule? (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places.) |
Reject Ho if z < |
(b) | Compute the value of the test statistic. (Negative amount should be indicated by a minus sign. Round the intermediate values and final answer to 2 decimal places.) |
Value of the test statistic |
(c) | What is your decision regarding the null hypothesis? |
H0 : 0.95
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