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Fowle Marketing Research, Inc., bases charges to a client on the assumption that telephone surveys can be completed in a mean time of 15 minutes
Fowle Marketing Research, Inc., bases charges to a client on the assumption that telephone surveys can be completed in a mean time of 15 minutes or less. If a longer mean survey time is necessary, a premium rate is charged. Suppose a sample of 35 surveys produces the data in the Microsoft Excel Online file below. Use a known= 3.2 minutes. Is the premium rate justified?
Compute the value of the test statistic (to 2 decimals).
fill in the blank 4
What is thep-value (to 4 decimals)?
fill in the blank 5
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