Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

In the past, the mean on-line waiting time to purchase certain playoff tickets has been at least10.80 minutes. Recently the site has experimented with a

In the past, the mean on-line waiting time to purchase certain playoff tickets has been at least10.80 minutes. Recently the site has experimented with a new system having multiple servers. A sample of 70 customers using this system had a mean time of 9.40 minutes with a standard deviation of 6.5 minutes. At the 0.05 level of significance, is there evidence to suggest that the new waiting time to purchase tickets with the new system islessthan 10.80 minutes?

Step 3

Z test statistics (using the formula)= ____________ , ____________

We ____________ Ho,conclude that there ____________ evidence that the new waiting time to purchase tickets with the new system is less than 10.8minutes with 0.05level of significance.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Accounting Information System

Authors: James A. Hall

7th Edition

9781439078570

More Books

Students also viewed these Mathematics questions