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Example 2. Assume that we would like to validate a simulation model in terms of average delay time (in minutes). The collected data from ten

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Example 2. Assume that we would like to validate a simulation model in terms of average delay time (in minutes). The collected data from ten (10) replications is as follows: Replication Observation 47.3 2 12.33 3 19.41 4 14.36 5 15.88 6 44.34 7 46.61 8 44.46 9 45.73 10 45.59 We would like to know that the simulation model is consistent with a real-world system that has an average delay time of 43.7 minutes. a Please perform hypothesis testing to evaluate the validation of the system. (a = 0.01) * Step 1: Step 2: * Step 3: * Step 4: b. What do you think about the outcome of the hypothesis testing

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