Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please Answer Correctly and you must use Excel and show your workings. 3. A rail company installed new passing tracks and a centralized traffic control

Please Answer Correctly and you must use Excel and show your workings.

image text in transcribed
3. A rail company installed new passing tracks and a centralized traffic control system on a particular rail line to reduce delays. Suppose that, before theimprovements, trains on the line were on average 12.8 minutes late. After the improvements, a consumer group monitored delays during a period of three months. For a random sample of 45 trains on the line, it found the average delay to be 6.4 minutes with a standard deviation of 7 minutes. "The improvements reduced delays by half," it claimed. Can it be concluded that the claim is true? (Use alpha=0.05) 4. A market researcher at a major clothing company that has traditionally relied on catalog mail-order sales decides to investigate whether the amount of online sales has changed. She compares the mean monthly online sales of the past several months with a historical figure for mean monthly sales for online purchases. She gets a P-value of 0.14. Explain in this context what the 14% represents

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

Finite Mathematics

Authors: Stefan Waner, Jerry Lee Ford Jr, Waner/Costenoble, Steven Costenoble

5th Edition

ISBN: 1111789304, 9781111789305

More Books

Students also viewed these Mathematics questions

Question

compute all of the variances for direct materials and direct labor

Answered: 1 week ago