Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please answer all A bank with branches located in a commercial district of a city and in a residential area has the business objective of

Please answer all

image text in transcribed
A bank with branches located in a commercial district of a city and in a residential area has the business objective of developing an improved process for serving customers during the noon-to-1 P.M. lunch period. Management decides to first study the waiting time in the current process. The waiting time is defined as the number of minutes that elapses from when the customer enters the line until he or she reaches the teller window Data are collected from a random sample of 15 customers at each branch. Complete parts (a) through (d) below. Click the icon to view the bank branch data. a. Assuming that the population variances from both banks are equal, is there evidence of a difference in the mean waiting time between the two branches? (Use a = 0.05.) Let u, be the mean waiting time of the commercial district branch and p2 be the mean waiting time of the residential area branch. Determine the hypotheses, Choose the correct answer below. O A. HO: 1 = P2 OB. Ho: 1# H2 H1: My # H2 H1 : H1 = H2 O C. Ho: H1 2 P2 OD. HO: H1 S H2 Hy: 141

H2 Find the test statistic. ISTAT = (Round to two decimal places as needed.) Find the critical value(s). (Use a comma to separate answers as needed. Round to two decimal places as needed.) Choose the correct conclusion below. O A. Reject Ho. There is sufficient evidence that the mean waiting time between the two branches differ. O B. Reject Ho. There is insufficient evidence that the mean waiting time between the two branches differ, Click to select your answer(s)

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

New Trends In Shape Optimization

Authors: Aldo Pratelli, Günter Leugering

1st Edition

3319175637, 9783319175638

More Books

Students also viewed these Mathematics questions

Question

Identify ways to increase your selfesteem.

Answered: 1 week ago