Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 3 The Customs authorities at Gaborone Airport claim that imported cow feed is cleared within an average of 72 hours of the goods being

Question 3

The Customs authorities at Gaborone Airport claim that imported cow feed is cleared within an average of 72 hours of the goods being offloaded from the plane. However local farmers are not convinced of this and want to test this claim. They analyzed documents of 46 recent shipments and found that the average clearance time was 75.9 hours. Assume a population standard deviation of 18 hours and that clearance time is approximately normally distributed.

Assuming a significance level of 0.05%, test the claim of the customs authorities and conclude. [5]

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

Principles Of Auditing And Other Assurance Services

Authors: Ray Whittington, Kurt Pany

18th Edition

0077486277, 978-0077486273

More Books

Students also viewed these Accounting questions

Question

=+. Alliteration The Magic of Macy's tagline.

Answered: 1 week ago

Question

=+iv. Simple promise No ordinary airline (Virgin Atlantic Airway).

Answered: 1 week ago